Habitual Fix. Strong Location. Great Opportunity

$155,000Auckland CityListing: #EL00471


Auckland City  


$155,000


Food/Hospitality
Refer to Broker


About this business for sale

Habitual Fix. Strong Location. Great Opportunity

Here is an excellent opportunity to own a Habitual Fix store in a good location that should benefit from the large scale development going on in the surrounding area.

The owner does not work in this store and it could certainly benefit from a hands-on operator. This is a simple operation that can be run with just 2 staff and a working owner.

  • Good location with ongoing development
  • Opportunity for a hands-on operator to grow this store
  • Low costs with low staff costs and rent of just $36,000 per annum
  • Sales in excess of $7,000 per week

If you ran this place as it is with no change in sales you could expect a surplus of around $75,000 per annum.  If you were to run this place yourself you should be looking to grow the sales and there is room to further control costs.

Asking just $155,000 plus stock

 

Reference: EL00471

 

Auckland - Ellerslie
rafiq.bhamani@linkbusiness.co.nz
09 555 6031
021 129 1916

Rafiq Bhamani

*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.