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Waikato Variety Store, Unbeatable Rate of Return, Owner Must Go
Listing: #19234
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About this Business for sale in Waipa
Waikato Variety Store, Unbeatable Rate of Return, Owner Must GoA nicely presented variety store, close to the town centre, is now on the market.
According to the owner, the June 2016 turnover was up by 15% compared to June 2015, and the trend is looking positive. The owner claims that with proper management, the rate of return (cash surplus for a working owner) would be well over 100% pa.
The business could be easily operated by a working couple or a working owner with part time staff. It opens 9.00am to 5.00pm Monday to Saturday and 10.00am to 3.00pm on Sunday.
The market value of this store has been estimated to be around $100K; Due to the vendors’ family issues and associated urgency, the price has been slashed by half. Act today, pick up your phone, call the listing agent and enjoy your very own “Boxing Day Shopping on Business”
*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.