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Price Reduced By $100,000 Owner Must Retire Now For Sale

Auckland City, Auckland
Asking Price:
$425,000 (NZD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under $100K (NZD)
Cash Flow:
Available on request

Already a very successful business with an established repeat customer base and historical financial accounts to evidence the fact that for the last 5 years or more the sales, as well as the resulting profitability, reflect not only an underlying "financial stability", which will give the new owner a level of comfort from day 1 in terms of the security of his investment, but also displays good growth potential as the business continues to grow year on year.

The current owner who has 'past retirement age' is keen to ensure a smooth transition of ownership. Nevertheless, it is clear that someone with youthful enthusiasm, mental and physical drive can take this business to new heights.

The business has great staff who work 5 + days a week depending upon demand although the owner, usually works at most 5 days a week. Good location - not too far out West, the business has been going more than 40 + years and is in the process of developing its own product (s) with patent (s) in progress and the current owner will assist with the finalisation with that development if that would help a new owner. Some finance may be available if required.

Showing a profit of in excess of $180,000, what sort of annual return on investment is that? Would it take 2 years or less to recover your original investment?

Disclaimer: - Please note for confidentiality purposes, this business has been listed under the RE/MAX PARTNERS office address. Further details on this business' location will be provided on application. The content of this advertisement must be read in the context of, and in conjunction with, the Information Memorandum in order to avoid any possible misinterpretation or misunderstanding caused by confidentiality considerations, advert space limitations and / or other limiting factors or generalizations including use of generic images.

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