Habitual Fix. Strong Location. Great Opportunity
Listing: #EL00471Rafiq Bhamani
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Habitual Fix. Strong Location. Great OpportunityHere is an excellent opportunity to own a Habitual Fix store in a good location that should benefit from the large scale development going on in the surrounding area.
The owner does not work in this store and it could certainly benefit from a hands-on operator. This is a simple operation that can be run with just 2 staff and a working owner.
- Good location with ongoing development
- Opportunity for a hands-on operator to grow this store
- Low costs with low staff costs and rent of just $36,000 per annum
- Sales in excess of $7,000 per week
If you ran this place as it is with no change in sales you could expect a surplus of around $75,000 per annum. If you were to run this place yourself you should be looking to grow the sales and there is room to further control costs.
Asking just $155,000 plus stock
Reference: EL00471
*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.