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*** SOLD ***
Business and Hobbies DO go together
Listing: #15052
Dave Morgan
Broker | Wellington
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Wellington Central
Business and Hobbies DO go togetherThis specialist retail business located in central Wellington has been looking after model makers and hobbyists for over 50 years. The business provides scale models and hobby related items for their customers. The recent economic downturn has had little impact on this discretionary spend. The business has an extensive range of models, modeling accessories, radio control units, modeling magasines, slot cars, train sets and meccano and a loyal database to sell to. Previously the domain of the children and toy market, the products this business sells appeals to a wide range of hobbyists and collectors with the majority of customers being over 25 years of age. A very profitable opportunity for an enthusiast or an owner operator.
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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.