Ad ID: 69307

Retail Business for Sale Christchurch

Niche Retail   Price Reduced -  NZ Brands/Manufacturers -  Retiring Owners Highly Motivated!!

Location:
Asking:
$200,000
Type:

Business for Sale Description

Retail Business for Sale Christchurch

This is a 62 year old Christchurch brand, with an active client base! Whilst the 2018 financial year was tough, these results mirror many businesses over this period, and can partly be attributed to the election and subsequent change of Government. Sales have significantly increased in recent months, with April 2018 the best month in a year!

May is looking to be solid as well.

Business highlights include:

• Established and profitable

• Non-technical, simple business model

• Can be operated by one owner and no staff

• Monday-Friday and limited opening hours on Saturday

• Credible brand

• Very supportive suppliers (NZ manufacturers)

Business Resources

Why Buy?

• Very little marketing in place, no Social Media presence at all

• Potential to relaunch the business, significant opportunity to grow

• Growing target market (baby boomers)

• Lease up for renewal in December, opportunity to move to a smaller space saving a substantial amount of overhead

• Limited risk as virtually all the purchase price is tangibles (stock and modest plant)

• Average EBPITD of $187k in the 2014-2017FY period

Price: $200,000 (Incl. stock approx. $170k & plant approx. $19k)

EBPITD: 2018 $41k, 2017 $162k, 2016 $191k 2015 $163k

Interested In This Opportunity?

Email To A Friend / Myself

 

Tabak Business Sales (Christchurch)
For more info
Contact:

Sam Cherry

Sam Cherry
0220667884 or 03 3777 491
Phone: Sam Cherry or 03 3777 491

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