%20Banner%20images/SeminarWebsitebannerDESKTOP.jpg "Business Support Line")
%20Banner%20images/0152%20Seminar%20Website%20banner%20TABLET%20300dpi.jpg "Business Support Line")
%20Banner%20images/0152%20Seminar%20Website%20banner%20MOBILE%2072dpi.jpg "Business Support Line")
.png)
Major Retail Brand with Booming Sales
Listing: #EL03646
Rafiq Bhamani
Broker | Auckland - Ellerslie
Print or Share this Listing
About this Business for sale in Auckland Surrounds
Major Retail Brand with Booming SalesThis FUN retail brand is a household name across Australasia!
Operating in New Zealand for almost 50 years, this long-established retail business boasts incredible brand awareness on an international level.
Known and loved for its offerings, the business is a leader in its market segment and benefits hugely from consistent demand, generating an annual turnover of $2,500,000 inc. GST!
Business Highlights:
- Secure lease
- Proven systems
- $400k stock value
- Rent 7.5% of turnover
- Wages below 5% of turnover
- $545k surplus to working owner
Full training & support will be provided to you, but with a team of staff in place, minimal owner involvement is required in the day-to-day of the business.
This is an opportunity far too valuable to miss, so enquire NOW!
Asking $1.6m plus stock
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the 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.