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*** SOLD ***
Lotto & Magazine Store in a busy Mall
Listing: #6085
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
Lotto & Magazine Store in a busy MallThis business is in one of the busiest malls of 126 shops with foot traffic of 665,000 people visiting the mall in a month. This is a very well located and very well presented Magazine & LOTTO Store with upmarket decor. Other than magazines, the vendor sells confectionary, phone cards, greeting cards & cigarettes. Vendor has a great sales of exclusive range of magazines through his registered website. Potential to increase sales by adding good range of books & novels. -Shop sales P.A. $530,000, which includes sales of magazines, cigarrettes, Confectionary, phone cards, greeting cards with a gross profit of 25% (average). -Internet sales of magazines of over $60,000 with a gross profit of 37%. -LOTTO sales of $23,000 per week with a gross profit of 7%.
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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.