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*** SOLD ***
Have You Got a Passion for Retail
Listing: #18136
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About this Business for sale in Auckland City
Have You Got a Passion for RetailThis business consists of two well located stores in Auckland supplying product in a niche area. Customers love the range from both local and international suppliers. With a trading history of more than 20 years, the owner is reluctantly selling due to a genuine change in their personal circumstances. The business has a loyal customer base who love the products and each year come back for more! Excellent systems and processes are in place, including fully documented management policies and staff procedures manuals and templates. The latest in Retail Management Software including Stock Control and Point of Sale systems are in place along with a web marketing service which is growing in line with industry trends. Providing an unequalled product range supported by knowledgeable and experienced sales and operational staff the business has shown a turnover growth factor exceeding market projections, achieving in excess of $1.7m last financial year. There is very little competition in this particular area of retail and a new owner could look at expanding the brand throughout NZ or maybe even Australia. If you have retail experience, good staff management skills and are looking for an established business then this could be it! The sale comes with a good amount of stock and assets which make up most of the asking price so if you are looking for a simply run dependable and rewarding business that provides a sense of security, this may be just what you are looking for. Investment $1,000,000 Call Laurel McCulloch 021 786 813
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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.