Auckland / Auckland

Auckland - Sold

Web Ref #31869
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Particulars

Address:
Auckland
Price:
Sold
Listing ID:
31869
Category:
Retail General

South Auckland Retail & Trade Gem - Managed

$235,000 managed profits for the 2020 financial year end, on sales of $1.75 million.

Long established and recently relocated to new premises, this exceptional retail & trade business has shown continuous sales and profit growth over the years. Market trends and consumer spending in this sector and geographical area indicates that solid year on year growth should continue for decades to come.

Superbly located close to other national trade and retail brands, they benefit from customers who make the journey across the area for their unique product range and services. Long lease, with rights of renewal taking you beyond 2040 if required.

Household national franchise brand. You will be given full support and training from this forward thinking and growing business. Carry on with a managed business, or roll your sleeves up and grow this business even further as there are huge growth opportunities in the coming years.

With genuine reasons for selling, the current owner remains passionate and committed to the brand, however, looking to semi-retire after all the hard work has been done and not before assisting the new purchaser with a thorough handover and transition period.

Priced at $625,000, including assets of circa $140,000, plus stock of approximately $250,000

For a confidential discussion please complete our online confidentiality agreement.
Click or copy/paste this link to get started:www.ds4u.cc/abc?ref=31869

Particulars

Address:
Auckland
Price:
Sold
Listing ID:
31869
Category:
Retail General

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