Ad ID: 81763

Niche Hospitality Industry Hire Business for Sale Tauranga

Niche Hire Business - Retiring Owners -  Relocatable - Bay of Plenty - Waikato - Present all Offers!

Location:
Asking:
$250,000
includes tangible assets $250,000

Business for Sale Description

Niche Hospitality Industry Hire Business for Sale Tauranga

This business has been operating since 1990 and hires entertainment equipment and Poot Tables in to hospitality outlets.  Semi passive income is received on a weekly hire or split share basis.  The business also repairs, upgrades and manufactures the music and entertainment equipment it owns.  The majority of clients are clubs and hotels located in the Bay of Plenty/Waikato region with the potential to expand in to other hospitality outlets throughout NZ.

Business Strengths

  • Operating 29 years
  • Semi passive income
  • Niche product offering
  • High barriers to entry - Limited Competition
  • High Tangible Asset component
  • Minimal staff

The premises are owned by an entity associated with the vendors. There is an option to lease the current premises or relocate the business.

Business Resources

There are no specific skills required for this business, but a bit of marketing and flair and enthusiasm would assist in taking this business to the next level.

The owner has more than reached retirement age and has several other business interests.  He acknowledges that his part time involvement in this business has held it back and is looking forward to providing an opportunity for a new owner to expand on the sound foundation he has built.

Interested In This Opportunity?

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Tabak Limited (Tauranga)
For more info
Contact:

Paul Brljevich

07 578 6329
Tabak Business Sales (Tauranga)
Licensed REAA 2008
Broker Ref: # 010319

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