Chinese Medicine Business for Sale Auckland

Description

Business type: traditional Chinese medicine retail

Location: East Auckland, New Zealand

Trading history: more than 10 years

Financial performance

Monthly revenue: approximately $7,000 to $8,000

Gross margin: approximately 40%

Products

Chinese herbal products: established range

Traditional remedies: established range

Customers

Customer base: established

Repeat customers: strong

Premises

Floor area: approximately 60 to 70 sqm

Monthly rent: approximately $3,358 plus outgoings

Operations

Staff: experienced

Management model: staff managed

Owner involvement: minimal

Retail systems: established

Stock management: established

Supply

Supplier network: established

Direct sourcing: available

Growth

• Increase owner involvement
• Add more product lines
• Introduce additional wellness services
• Refresh branding and store presentation

Buyer profile

Buyer: TCM practitioner, wellness operator or owner-operator

Reason for sale

Sale reason: retirement