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Refer to Broker
Top quality sports related retailer. This easy to run, mall based business presently run under management needs “hands on” approach from an owner operator. Owner needs only 3 to 4 days per week although it is a 7 day operation. Bank approved to suitable purchaser. Present owner largely based overseas and MUST SELL. Some vendor funding may be available to a suitable purchaser. Nets $243,000 to working owner from sales of $1.75million. Can do $2.5mill sales and net $500,000. Present price is close to net asset value of stock plus fittings, fixtures and plant. Call Richard Ridler 021 904 672 for more information now.
*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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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