Retail Business for Sale Auckland

Description

Business type: toy and gift retail business

Location: Northwest Auckland, New Zealand

Current status: established operating business

Operating model: independent retail business under a nationally recognised brand

Franchise affiliation: none

Asking price: $499,000

Stock: additional to the asking price

Stock at settlement: approximately $200,000

Forward stock commitment: approximately $100,000

Financial information

Average weekly sales: more than $27,000 including GST

Working-owner surplus: approximately $185,000 per annum

3-year annual profit range: approximately $165,000 to $197,000

Customers and market

• Young families
• Gift buyers

Customer catchment: established

Year-round trade: consistent

Seasonal demand: established

Brand and buying structure

National brand recognition: established

Royalty fees: none

Franchise fees: none

Service contribution: applies

Marketing contribution: applies

Group buying power: available

National promotional support: available

Operational control: retained by owner

Staff and operations

Experienced team: in place

Operating systems: established

Owner operating flexibility: supported by existing staff

Premises and lease

Location type: busy shopping centre

Fit-out: modern

Foot traffic: stated as high

Lease term: secured through 2033

Expansion options

• Increase local marketing activity
• Develop customer loyalty programmes
• Increase in-store events
• Increase local community engagement
• Increase customer acquisition

Potential buyers

• Owner-operators
• Families
• Experienced retail operators
• Investors
• Strategic retail buyers