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Initially listed at $225,000 plus stock but just slashed to $140,000 plus stock as the owner really wants to retire now.
Postshop Kiwibank with books, magazines, cards and gifts.
Six figure cash surplus for one working owner & more would be available for a working couple.
Stock value is approx $85,000.
Some vendor finance may be available.
An absolute bargain – ideal for a working couple in a central north island town renowned for trout fishing, hunting, hiking, and outdoor pursuits. Have fun in your time off!
Two Great Franchises and No Competition – This is the only Postshop & Kiwibank agency in the town so no competition at all and there is huge growth occurring with Kiwibank . The shop provides the essential post and banking services as well as retailing magazines, cards, tourist souvenirs including greenstone products, stationery & games and also books on a sale or return basis.
Possible Vendor Funding – The current owner of 18 years is retiring and will look at vendor funding to assist a buyer.
Financially Secure Business – The vendor offers a new owner a financially secure business that will reward a working couple with an income of around $100,000 p.a, depending on input.
New Lease of the shop is available at a rental of just $17,706 p.a.
Shop Freehold is also available to be purchased at a real bargain price if wanted.
Owner wants to retire – If you would like to receive the information memorandum on the business please complete the online confidentiality form and I will be in touch.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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