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DealProspect/Listings/Property

Cabin Hire Franchise, Palmerston North

Equipment Hire

ActivePropertyManawatū-WhanganuiB2C
Asking price
$1,699,000
Disclosed · NZD
Revenue
$312,000
TTM
Earnings (est.)
~$88,702
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~19.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • MIZIN cabin hire franchise with an exclusive Palmerston North territory; asking $1,699,000 (includes 54 cabins)
  • 54 cabins generating weekly rental income of about $6,000 (incl GST), plus delivery and collection fees
  • A proven model offering higher yields than residential property investment, with low time input
  • Cabins are a finished product supplied by the franchisor's licensed supplier, built to the NZ building code
  • $550,000 of tangible assets included, with full training and marketing support; ongoing capital needed to grow