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*** SOLD ***
Price Cut. Owner Must Retire, 6 Figure Income
Listing: #14629
Peter Redward
Broker | Bay of Plenty
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Taupo
Price Cut. Owner Must Retire, 6 Figure IncomeInitially listed at $225,000 plus stock but just slashed to $140,000 plus stock as the owner really wants to retire now. Postshop Kiwibank with books, magazines, cards and gifts. Six figure cash surplus for one working owner & more would be available for a working couple. Stock value is approx $85,000. Some vendor finance may be available. An absolute bargain - ideal for a working couple in a central north island town renowned for trout fishing, hunting, hiking, and outdoor pursuits. Have fun in your time off! Two Great Franchises and No Competition - This is the only Postshop & Kiwibank agency in the town so no competition at all and there is huge growth occurring with Kiwibank . The shop provides the essential post and banking services as well as retailing magazines, cards, tourist souvenirs including greenstone products, stationery & games and also books on a sale or return basis. Possible Vendor Funding - The current owner of 18 years is retiring and will look at vendor funding to assist a buyer. Financially Secure Business - The vendor offers a new owner a financially secure business that will reward a working couple with an income of around $100,000 p.a, depending on input. New Lease of the shop is available at a rental of just $17,706 p.a. Shop Freehold is also available to be purchased at a real bargain price if wanted. Owner wants to retire - If you would like to receive the information memorandum on the business please complete the online confidentiality form and I will be in touch.
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This listing is no longer taking enquiries as it is SOLD
*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.