A Successful Retail Business. Owners profit $200,000 pa.Listing: #EL02400
About this Business for sale in Auckland SurroundsA Successful Retail Business. Owners profit $200,000 pa.
Opportunity to join Australasia's largest independent retailer. The current owner is looking to 'role-out' it’s mega-store in prime Auckland retail locations.
Becoming part of an international brand means that you will benefit from established and well tested in-house systems, with the added bonus of substantial marketing and purchasing power. If you have a passion for retail business this one is for you.
Easily operated with minimal input from owner, excellent manager and staff with consistent turnover and profit for last few years.
Some good points in brief;
- Annual turnover of around $1,800,000 per annum including GST
- Surplus for a working owner over $200,000 pa
- Rent just 10.7% of the turnover
- Wages just 7.4% of the turnover
- Strong lease in place
- No refurbishment required
- Stock value up to $400,000 (negotiable)
- Credit on stock available to the approved purchaser
- Full training and support will be provided to the approved purchaser
This one is very well priced at $600,000 plus stock up to $400,000.
Call Rafiq Bhamani now on 021 1291916
+64 9 555 6031
+64 21 129 1916
*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.