UVTEC end of the year financials for the three-year pilot operation 2004/5/6 as conducted by the Franchisor within the Bay of Plenty area were prepared by KPMG Tauranga and forwarded for Net Profit Before Interest & Tax (NPBIT) and Required Rate of Return on Investment (RRR) analysis to the main trading banks involved in the Franchising industry.
Each bank, as can be reviewed by clinking on to the various letters, has issued a supportive letter expressing their interest in being party to the financing of a UVTEC Franchise.
UVTEC views these supportive letters as an endorsement of those financials and an positive acknowledgment of the management of UVTEC by the Franchisor.
These financials are available for review under a Confidentiality Agreement as part of the "due diligence" process.
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