Ad ID: 109947

Retail Store Business for Sale Auckland

Super Strong Retail Business. Sales $48k p.w. and $545k Profit p.a.

Location:

Auckland

Asking:

$1,600,000

Type:

Retail Other

Why buy this Retail Store Business

Retail Store Business for Sale Auckland

Opportunity to join Australasia's largest independent retailer!

The current owner is looking to 'role-out' its mega-store in a prime Auckland retail location.

Becoming part of an international brand means 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.

It is easily operated with minimal input from the owner, an excellent manager, and staff with consistent turnover and profit for the last few years.

Some good points in brief;

• Annual turnover of around $2,500,000 per annum including GST

• Surplus for a working owner of about $545,000 p.a.

• Rent just 7.5% of the turnover

• Wages just under 5% of the turnover including manager’s pay

• Strong lease in place

• No refurbishment required

• Stock values up to $400,000

• 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 $1,600,000 plus stock up to $400,000

To find out more watch the video here youtube.com/watch?v=9JqLoBDcVXk or go to linkbusiness.co.nz/EL03646 and press the “Enquire Now” button to complete an online confidentiality agreement.

Contact Rafiq Bhamani, 021 1291916, rafiq.bhamani@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the business.

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