Highly Sought After Retail Opportunity
About this business for sale in CanterburyHighly Sought After Retail Opportunity
Rare opportunity to purchase a significant, some may say iconic, high profile retail business that is well placed for continued growth and profitability.
This is a well-established, very profitable, business with strong brand presence. It operates in a key retail sector which has wide customer appeal that is supported by compelling customer demand trends.
The business is easy to operate with well-developed processes and systems. It is suitable to be operated by a manager or by an owner operator.
- Established, profitable business
- Consistent sales revenue $2.8m
- SDE circa $300k
- Strong cashflow
- Reliable gross margin
- Well managed overheads
- Highly desirable product mix
- Excellent supplier relationships
- Established, loyal customer base
- Motivated, reliable staff who are passionate about the business
- Reputation for high quality products
- Excellent location
- Convenient on-site parking
- Owners have identified additional opportunities for growth
- Lifestyle destination - with a range of very good schooling
- Asking price $1m - includes stock
There are several factors that set this business apart from other businesses:
- The industry within which the business operates and the underlying market and consumer trends that support it
- The standard of IP reflected in the level of internal systemisation and documentation
- The long-established track-record the company has achieved
To secure this exciting opportunity contact me today.
Note: Strict confidentiality applies, as such please note that we have used our office address for this business. Further details of this business can only be disclosed following a personal meeting with the broker. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. Complete a confidentiality agreement now at linkbusiness.co.nz/CS00292 by following the “Buy Now” link.
+64 3 366 3394
+64 27 220 8787
*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.