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Refer to Broker
$1,872,000
This is very well-respected retail business with a history of around 20 years and the current owners have been there almost that long!
This is a large place of around 400m2 that sells all kinds of products, from the Indian subcontinent as well as items from further afield. The premises has been recently refurbished and there is plenty of on-site parking, a separate loading area and heaps of storage.
The business is in a prime location and enjoys a huge customer base. It has over 2,000 people on its database and also provides wholesale to a number of restaurants, schools, and religious organisations.
The business runs very efficiently and even the rent is attractive at around 5% of current sales! This is a simple business to operate with great systems in place. This is an owner operated store with 1 full time staff.
BUSINESS HIGHLIGHTS
This is a rare opportunity to buy a highly successful retail business that has a cult following and has proven results. There is growth opportunity here too with the ability to offer a wider product range.
Do not miss out on this one. Call me today!
Asking $795,000 plus stock (circa $200,000)
Mahendra Velankar, 022 657 4179, mahendra.velankar@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
#food #hospitality #buyabusiness
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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