Paper Plus Masterton
Listing: #HC00267About this Business for sale in Wellington Greater Area
Paper Plus Masterton
A BIG SHOP WITH A BIG REPUTATION
Paper Plus Masterton is first and foremost a book shop. The store covers over 1000 sq metres and includes a book store, 2 storerooms, and a back office. Acknowledged as one of Paper Plus's flagship stores, this award-winning business has an extensive and growing range of gifts and toys, along with stationery, magazines, art supplies, and a large greeting card range. The vendors have spent the last 5 years investing in the business, introducing innovative programs and events, a creative store interior, and other revenue streams including subscription clubs and burgeoning growth in business to business sales. The store attracts strong foot traffic being located on the main street of Masterton which also offers the add-on businesses of Lotto, Kiwibank and NZ Post.
The store benefits from 140 carparks directly behind the store offering easy parking options for their clients.
- The Big Deal club now has 13,000 members.
- Most parts of the store are turnkey having all systems in place.
- 900 Postboxes (700 currently rented)
- Plug n Play Lotto hardware/software
- Staff – experienced and loyal
- Strong community support
- Subscription children’s book club
- 5 + 5-year lease
A lot of the hard work has been instigated and completed in their stewardship and it is time for our vendors to head to their next adventure. Now would be a great time to purchase this fantastic store and benefit from the strong brand in the community. Masterton township is located approximately 1.5 hours drive from central Wellington.
The asking price includes stock to the value of $350,000.
**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.
*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.