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*** SOLD ***
Branded, Top Supermarket in Auckland
Listing: #15941
Anil Vazirani
Broker | Auckland - Ellerslie
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in
Branded, Top Supermarket in AucklandHighly desirable and fast growing residential. Run Under management by Manager and staff, it has huge potential for a good owner/Operator to increase Sales and profit. Current weekly sales $100,000 and Lotto sales $20,000. Excellent rent only 1.5% of Sales and long term lease. This business is well set up and located in a busy area. The current owners have successfully run this business for over 20 years. Due to other business commitments, owner now wishes to sell the business. Be quick, this rare opportunity could be yours. Net Cash profit before Wages, interest, depreciation and tax is approximately $600,000 PA. Asking $1.9 million plus stock $200,000. Asking Firm price $1.9 million plus stock $200,000
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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.