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Convenience Store inside a Polytechnic
Listing: #EL01581
Anil Vazirani
Broker | Auckland - Ellerslie
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About this Business for sale in Auckland Surrounds
Convenience Store inside a PolytechnicThis Convenience Store is located in a Safe and Secured location inside the Polytechnic.
This Store caters to the Polytechnic Staff & Students as well as Railway Commuters
Weekly turnover ranging between $21,000 to $23,000 with very high gross margins as very low cigarette sales
This site is expected to achieve tremendous growth with an ongoing constant increase in customer base.
Operating only Five days a Week from 06:00 am to 08:00 pm. Closed on Saturday & Sunday
The Store is 100% Staff Managed
Rent is only $686.53 + GST per week with secured lease
Asking $589,000 + SAV
Please Contact:
Anil Vazirani on DDI: 09 555 6020 (OR) MOB: 021 0277 8149
(OR)
Ron Vazirani on DDI: 09 555 6036 (OR) 021 294 2978
Reference: EL01581
*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.