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*** SOLD ***
Video Stores Are Still Producing Healthy Profits!
Listing: #15125
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 Porirua
Video Stores Are Still Producing Healthy Profits!This video store is part of a well established home grown Kiwi Franchise group that started in 1984. This particular store is one of only two in a sub-city of more than 52,000, and is part of a destination shopping precinct at a thriving Mall. Although it has a competitor, this store dominates the video market in the area. Well established and very well stocked, this is a great buy for a keen operator. This is a big store with a big future. Currently operating as a company store that employs a manager, this business produced a very healthy managed profit in 2012 - 21% on revenue of $729,254. An owner operator could achieve a 47% return on the asking price. A husband and wife team could produce a great deal more, AND the Franchisor has some exciting growth opportunities lined up that will significantly increase the top and bottom lines!
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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.