SOLD: Anchor Distribution Franchise. EBITDA of $740,000+

On offer is a high growth Anchor territory located in a sought-after coastal central North Island city.
The customer base is a great mix of national accounts, commercial customers, and third-party product with consistent year-round stable cashflow. This outstanding business has bank-friendly financials showing consistent growth. A stable & growing customer base, with long term contracts in place for larger accounts.
An extended handover and training period will create a seamless transition to the new owner. This is a profitable and long-established business, proven to be a solid performer over a long period of time.

Business Highlights
- FY2024 EBITDA of $740,000+ to 1x working owner
- Consistent revenue, profitability & growth
- Experienced operations manager in place who is keen to stay
- Fleet of six trucks included with a market value of $250,000
- Great systems and processes
- Clean 'bank-friendly' accounts
- Long-term franchise agreement
- Experienced team in place
- Top lifestyle location to live in

Anchor are looking for business-minded people, with sales and marketing skills or people management skills; people that can be hands-on, and follow Fonterra's proven pathway for success. If you've got a good attitude and you're prepared to get stuck in and work hard, comprehensive training and ongoing assistance is provided by head office.
Call Mike Ponsonby on 021 450 049 or James Ashwin on 021 1256898.

Asking Price: $2,390,000 (including all 6 trucks)
Listing ID: KA2421