Hire Buisness

$135k EBPIT, $365,000 Sale Price\n\nFrank Casey Formal Suit Hire is the leading suit hire specialist in New Zealand.\n\nFrank Casey Manukau was established in1989 and has a great reputation. It caters for the very diverse population of the southern and eastern suburbs. Its territory includes the rapidly growing Botany area and there is an opportunity to open a new store using the existing stock to increase turnover. \n\nThis is a service business which virtually runs itself. All the systems have been perfected over the years and while franchise assistance is readily available, it is seldom required. Accordingly, the risk profile on this business is very good.\n\nThis business has performed well in the recession. \n\nThis business is in its original high profile / traffic location. The addition of a successful bridal shop next door has enhanced its location even more.\n\nThe business is currently run under management. It can be an investment with a few hours a week work or it can be a full time working owner scenario - both options represent very good return on investment in an industry all about celebration.\n\nFor more information, please contact:\nTony van Camp on 021 222 1555 or tony.vancamp@bayleys.co.nz\n