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Bargain Liquor Shop Opportunity
Opportunity for an owner-operator, first-time business buyer, or an established liquor retailer needing a presence in South Auckland.
The vendor has substantial commitments in an unrelated field and has staffed this shop.
The high stud premises of 274.5 square meters at a rent of $98,424 PA has been partitioned. Approx 134.5 m2 sub-lease now contributes $52k per annum; hence the rent for approx 135 m2 for the new owner is $46k PA.
During pre-covid 2020, the business turned over $427K PA and paid staff and manager's wages totalling $67K.
It is anticipated that the new owner will manage the business with one part-time staff member. The vendor seeks a quick cash sale so it has a realistic asking price. Be quick. This opportunity will not last.
To find out more, go to http://linkbusiness.co.nz/EL03493 and press the "Enquire Now" button to complete an online confidentiality agreement.
Neville Choksi, 021 059 9519, neville.choksi@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #liquor #retail #auckland
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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