Hi All,
I have become increasingly drawn towards investments in buying a fully managed business in NZ.
There are many solid performing fully managed businesses out there with great cash flows that are selling at 3-5xNPAT.
I have looked at the books for a few medium sized fully managed liquor stores, distribution businesses and wholesalers and all seem to have solid fundamentals and consistent earnings over 3-5 years.
I am certain there are people on this website familiar with this and any wisdom on what to look out for would be greatly appreciated.
Cheers.
Bookmarks