Listing #:1557783976

Asian Supermarket in Top Location with Huge Potential

Location: Hamilton, Waikato
An Asian Supermarket in a highly desired place in Hamilton is looking for its new owners.
The information for this business is strictly confidential. Please contact the listing broker for a private conversation.

Some key data on the business as follows, as informed and provided by the current owner (some of them are subject to evidence):

• Located in a high profile shopping centre
• Ample shared parkings
• Returning around $200K to a full time working owner in financial 2017
• Year to date sale increased by 17%+ than financial 2017
• 6-7% of sales is lease related expenses (rent and opex) and the percentage keeps dropping
• Very little competition nearby and very hard to enter into the market for competitors
• Simple operation, no experience needed.
• In the projected income statement, the cash surplus to a working owner would be around $260K in financial 2018

If you are interested in this listing, you must have sufficient equity for this investment, at least $1 million. A good opportunity never waits.




To find out more, go to www.linkbusiness.co.nz/BPW00592
and press the “Enquire Now” button to complete an online confidentiality agreement.



***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Agency reference #: BPW00592
Asking price: $1,090,000
Listed: Tue 27 Feb, 9:23 pm
Paul Lu
Bay Business Brokers Ltd Lic. REAA 2008
  • Contact details
  •  (0800) 225999
  •  (021) 0474988

Advertisement

Agent's details

Paul Lu
  •  (0800) 225999
  •  (021) 0474988
Bay Business Brokers Ltd Lic. REAA 2008
(0800) 225999

Email the agent

Log in or register to email the agent.
Expires: Fri 26 Oct, 9:09 am
Page Views
1222