Small Town, Big Opportunity

Palmerston North

$200,000

Proposed Usage
Retail
Description:
Property ID
1bz1ykm

Do you want to move to small town New Zealand, but earn a big city income?

Well this business may be just what you are looking for. The Paper Trail is truly an integral part of the small town of Foxton. It runs the only Lotto outlet in town, along with the only bank, Kiwibank, and the Post Shop. But that's not all! It also stocks stationery, school supplies, books, magazines, is an agency for a dry cleaner, and processes Intercity bus bookings. These services offer huge value to the community of Foxton, Foxton Beach and the surrounding district.

The current owners have developed a very loyal customer base over the past 9 years but are now ready to move on to concentrate on their other interests in the town.

The owners have secured a new lease in a earthquake approved premises just metres from its current location and will be relocating early August. The Paper Trail has recently been re-branded from Take Note, and is now independent from the Paper Plus Franchise, so with the elimination of this franchise fee and the reduction in rent there is now more profit to the owners.

Producing a current weekly T/O of $9,000 + and an annual EBPITD of over $100k to a working owner, the Paper Trail is an attractive opportunity for an owner/operator to step in and be their own boss.

Don't hesitate, contact me now for more information.

Price $200,000

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