Ad ID: 54542

Iconic Retail Store Business for Sale Opotiki BOP

Sports, Outdoors, Footwear & Apparel

Business Description

Iconic Retail Store Business for Sale Opotiki BOP

Hickeys

A rare opportunity exists to own one of the Eastern Bay of Plenty's most iconic stores, Hickeys Opotiki. Hickeys is a unique retail store dedicated to the outdoors & much, much more, with a rich 80 year history in the community the brand is well established & recognised both locally and within the greater region for stocking a wide range of quality brands. Hickeys has evolved over the years to become a multi category store incorporating a diverse mix of sporting and outdoor goods, street wear & general apparel, casual and sport footwear, jewelley and watches, as well as other lines. Situated within a stone's throw of a vast variety of outdoor activities from cycling to fishing and everything in between, this business offers a new owner the opportunity to expand and/or benefit from the exisint wide range of categories already in store which reduces seasonal cash flow impacts and creates a thriving year round business.

Business Resources

Business Highlights:

  • Strong economic regional growth
  • Limited competition within the town
  • Spacious corner site store of 800sqm
  • Positive continuous cash flow throughout the year
  • Well managed and maintained website with online store
  • Diverse range of quality branded products and suppliers
  • Top branded clothing and equipment
  • Great reputation within the community

A person(s) with general management skills and a passion of the outdoor recreational and sporting scene would be an ideal buyer. The business is well structured with excellent systems and processes for ordering and selling. The owners are prepared to stay on for a period of time in whatever capacity a new Owner deems neccessary.

Net Surplus: $181,000 EBPITD - FYE 30 June 2016

                   $206,000 EBPITD - FYE 30 June 2015

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