Outstanding Retail Opportunity in Newmarket
About this business for sale in Auckland CityOutstanding Retail Opportunity in Newmarket
Located in the Rialto Centre Newmarket this business was established almost 20 years ago and is held in high regard. With an excellent reputation for its quality products, professional and friendly customer service, the business also boasts a well laid out store, and a great location. Their premium product offering is the first choice for customers from the surrounding affluent suburbs, and those that live further afield.
Robust sales are generated by an experienced and knowledgeable retail team, resulting in repeated and sustainable profitability. Significant sales are also made online, via a full e-commerce website.
Open 7 days per week, there is a high volume of foot traffic and plenty of convenient parking.
This is a great opportunity for an enthusiastic and motivated individual or an investor to take up the reins and enjoy the benefits of loyal supplier relationships, market position, staff experience and the established infrastructure of the business.
Well suited to a full time working owner, this business could also be fully managed under the strategic direction of an investor. In this case, all staff, including a manager are presently in place.
With day to day management in place the owner's involvement is minimal (buying, personnel, strategy) .
Complete a confidentiality agreement at linkbusiness.co.nz/EL00904
+64 9 579 9226
+64 21 904 672
*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.