Ad ID: 83738

Chipmunks Business for Sale Timaru

Exceptional Performer - Fully Managed - All The Hard Work Has Been Done!

Location:
Asking:
$395,000

Business for Sale Description

Chipmunks Business for Sale Timaru

The Business

In recent years the current owners have turned Chipmunks Timaru into a fantastic performer. The following attributes make this business a stunning opportunity:

• Established & profitable

• Multiple income streams (Playland, Cafe / Parties and After School Care / Holiday Programmes)

• Capacity to grow the After School Care/Holiday Programmes

• Easy access location with plenty of parking

• Next to no competition in the franchise’s territory

• Amazing point of sale and management software

• Substantial investment on new equipment last year

• Popular brand

• Solid asset base

• Loyal following and huge repeat business

• Very long standing staff in place

• Little input required from current owner (5-10 hours per week)

Business Resources

This is a real ‘turnkey’ business that has perfectly suited the current husband and wife owners whilst they had young children. All the hard work has been done resulting in a business that will perform well from day one, yet still has capacity for future growth for an enthusiastic new owner. The business could remain managed or a new owner could work in the business full-time to increase their earnings.

Sale Price: $395,000

Net Surplus: 2019FY $116,740 EBITDA

2019FY $156,740 EBPITD

Interested In This Opportunity?

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Tabak Business Sales (Christchurch)
For more info
Contact:

Sam Cherry

Sam Cherry
0220 667 884 or 03 3777 491
Phone: Sam Cherry 0220 66... or 03 3777 491
Tabak Business Sales (Christchurch)
Licensed REAA 2008
Broker Ref: chch

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