Iconic Retail and Services Business for Sale Hawkes Bay

Description

Business type: retail and services business

Location: Hawke's Bay, New Zealand

Current status: established operating business

Operating model: physical retail, services and online sales

Financial information

Profit figures: based on a weighted average over the past 3 years

Customers and market

Customer base: thousands of customers according to the source

Customer loyalty: established

Brand recognition: stated as strong

Market segments: 2 major segments

Revenue diversification: supported by multiple market segments

Sales channels

• Physical shopfront
• Online sales
• Service revenue

Location

Site position: central city

Location quality: stated as prime

Staff and operations

Experienced staff: in place

Staff capability: stated as strong

Inventory

Stock: included in the sale

Approximate stock value: $330,000

Lease

Building ownership: vendor-owned

New lease: required

Lease terms: negotiable

Expansion options

Growth potential: stated as strong within an expanding market segment

Reason for sale

Reason for sale: current partnership exiting the business

Potential buyers

• Owner-operators
• Business partnerships
• Retail operators
• Service businesses
• Strategic buyers

Further information

Non-disclosure agreement: required

Further business information: available after completion of the confidentiality agreement