Thriving Whangamata Ece For Sale

*Exact Location within Coromandel left off on purpose for confidentiality reasons

2024 EBIDTA $240k circa
Owner works 5-10 hours in the business
40 Licence with a full waitlist
Vendors leaving the country

This stunning little centre could easily be run from Auckland (or out of town) with a vendor visiting every few weeks or so, its well set up under management, the vendors have fully renovated the centre so it is a truly a turn key opportunity.

Typical EBIDTA multiples in this area currently would be 3.5 making this valued at circa $840k.. the vendors are very keen to move abroad sooner vs later so we have priced it accordingly.

Asking Price: $575,000

If you are interested and would like more information about this business, please visit the Barker Business Brokerage website, search reference number 3595 and submit the online Confidentiality Agreement. Once Roxanne receives your expression of interest he will be in touch regarding further information about this opportunity.

*Source of information - Supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2024.

Property Code: 3595