About this business for sale in Gisborne

Gisborne Retail. Motivated Seller. Price Slashed For Quick Sale!

Make the most of this opportunity in Gisborne.

This business is in the process of being converted from a DVD rental outlet to a full Convenience Store, with an existing Lotto agency.

Vendors advice an increase in average weekly turn over from $5,600 to around $8,000 including GST, with additional Lotto sales averaging at around $18,000 per week. 

The current annual rent is $31,447 plus GST, with a secure lease in place. This rent can be considered reasonably low for such a spacious store with an area of 129 sq mt. 

The current owners are considering a quick sale, hence the price is slashed. Reason for sale is, that they have other business ventures outside of Gisborne. They would arrange full training to the incoming new business owner to ensure smooth transition of the business. 

 

To find out more go to linkbusiness.co.nz/EL03548 click on the “Enquire Now” button to complete an online confidentiality agreement.

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.

#linkbusiness #buyabusiness #supermarket #retail #gisborne

 

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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.

Listing: #EL03548
Profit*: Refer to broker
Sales Revenue: Refer to broker
Gisborne Region, Gisborne
Retail General, Food/Beverage
*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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