$2,700,000Auckland CityListing: #EL00355

Auckland City  



About this business for sale


This well established managed business runs out of three sites in the Auckland region. It is well funded from TEC and is category 1 NZQA registered. It has a recent and positive full NZQA audit. 

Full financials support the the asking price. 

The business has growing revenues leading to a highly profitable operation. Fully staffed including site managers, tutors, admin and overall operational general management. Excellent systems and processes.

Net cash flow (sellers discretionary net income) of $835,000 shows that this very profitable business fully supports the asking price of $2,700,000.

Further details will only be supplied under a confidentiality agreement and after a meeting/phone discussion with the broker.

PTE's of this nature and with growth opportunities seldom become available.

Will ideally fit into an existing PTE or someone with the knowledge, background and skills to own and operate the business.

If you are not familiar with and experienced in this industry this business may not be suited to you.

Reference: EL00355

Auckland - Ellerslie
+64 9 555 6043
+64 21 904 672

Richard Ridler

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.