Fabulous Business with Amazing Profit!

Hastings

$400,000

Proposed Usage
Retail
Description:
Property ID
1bqxt5v

Are you looking for a great business? One that will give you a good profit? Then I have just the business for you!

Year ending March 2017 saw a 46.5% profit to a working owner. That is pretty good you have to admit. And turnover is continuing to grow year on year.

Barrons on Bridge Street is in the gorgeous seaside village of Ahuriri, which draws locals and tourists alike, and hence this business is truly thriving.

There is so much un-tapped potential here - start up an online shop for a start. Pop-up shops in other towns have been extremely successful. Maybe even franchise the business with stores in other regions?

From small knick-knacks and jewellery to beautiful carved doors to giant buddhas and large outdoor pots - this shop has something for everyone and is truly unique. The business has a fantastic reputation with interior designers who love to decorate their clients homes with unusual items.

The time has come for the owners to very reluctantly sell their business which has been their life for over 30 years. But they are well over retirement age and are looking for a simpler life.

What is for sale here is the retail shop at Ahuriri. But the owners are happy to sell the import side of the business as well for an additional $600,000, of which $300,000 would be stock.

They will be willing to give you a little 'time-lag' - buy the retail shop first and within twelve months purchase the import business.

All contacts overseas will be part of the sale and introductions will be made. Something to keep in mind - the current owners would be happy to continue to work as your overseas buying agents if you would like.

Price $400,000 including estimated stock value $200,000

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