*** SOLD ***
Sales growth from niche market service/retail business. Based in 3 malls in Auckland. True net EBIT
Listing: #11299About this Business for sale in
Sales growth from niche market service/retail business. Based in 3 malls in Auckland. True net EBITEach of three stores are presently individually managed with minimal involvement from absenteee owner. Sales are continuing to grow per store. Further opportunities to start up additional stores throughout greater Auckland. $253,000 EBIT substantiates the full asking price of $885,000 inc $140,000 stock and $425,000 plant and fittings. This is a solid business with unique points of difference. Needs more owner involvement to capitalise on huge opportunities for expansion.
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*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.