Managed Retail Business – Owners profit ...

Auckland City

$500,000

Proposed Usage
Retail
Description:
Property ID
1c70brf

Managed Retail Business – Owners profit $185,000 pa.



Opportunity to join Australasia's largest independent retailer. The current owner is looking to 'role-out' it's mega-store in prime Auckland retail locations.

Becoming part of an international brand means that you will benefit from established and well tested in-house systems, with the added bonus of substantial marketing and purchasing power. If you have a passion for retail business this one is for you.

Easily operated with minimal input from owner, excellent manager and staff with consistent turnover and profit for last few years.

Some good points in brief;Annual turnover of around $1,300,000 per annum including GSTSurplus for a working owner of around $185,000 paRent just 11% of the turnoverWages just 10% of the turnover including manager's payNew lease would be given to the approved purchaserNo refurbishment requiredExtra revenue during October to December every year with a POPUP STOREStock value up to $200,000 (negotiable)Credit on stock available to the approved purchaserFull training and support will be provided to the approved purchaserThis one is very well priced at $500,000 plus stock up to $200,000.

Call Rafiq Bhamani now on 021 1291916
Ref: EL02398
Timestamp: 20191120054549

Enquire about this business