Ad ID: 54542 Inactive

UNDER CONTRACT - Retail Store Business for Sale Opotiki BOP

Sports, Outdoors, Footwear & Apparel


Business for Sale Description

UNDER CONTRACT - Retail Store Business for Sale Opotiki BOP

Hickeys Opotiki, one of the Eastern Bay of Plenty’s most established stores is dedicated to the outdoors and has evolved over the years to become a multi-category store incorporating a mix of sporting and outdoor goods, streetwear and general apparel, casual and sport footwear, jewellery and watches, as well as other lines.

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

The Opotiki region is currently experiencing very strong economic growth with new developments in: mussel farming, kiwifruit developments, national cycle ways and progress on an all-weather harbour entrance and port. These projects are anticipated to have a significant benefit to the region and the business is well placed to take advantage of this by expanding the existing range of categories already in store or maintaining status quo.

A person(s) with general management skills, a passion for 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 necessary.

EBPITD:    $200,000 - Draft for FYE 30 June 2018

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