Hamilton Bargain Dairy Shop, First in First Served

How much impact a proper/improper business owner can have on an investment? Enormous! Here is a typical example of it.

A Hamilton dairy shop in a prime location was trading around $8K per week with its market value approximate $100K-$120K. A few months ago, the ownership was transferred to the current owners. Since then the weekly sales have dropped to $4K-5K, the profitability of the shop has been impaired significantly due to the poor management. Empty shelves, lack of price tags and limited selection of goods etc made the business go downhill rapidly. 

The business comes with a secured lease to mid 2020's, with an annual rent under $16K+GST, which is fixed (no rent review) until the last day of the lease.

On the other side, the diary shop is surrounded by offices, rest homes, local residents and regular visitors; source of customers is never an issue to the investors. As any experienced retail operators would be able to identify and solve the problems within a reasonable timeframe, the dairy shop investment would be a good opportunity for either the investors who want to add another shop into their chain of operation or someone who worked in the industry before and knows how to deal with the current issues.

The initial requirement for investment is $49,900 plus SAV. 

This bargain opportunity with proven potential is not likely to be on the market for a long time. First-comes, first-served; the owners said "MUST BE SOLD". Make your movement by contacting the listing agent now. 

***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. Please contact the broker for further details.