Dollar Store – Bay of Plenty

Dollar Store – Bay of Plenty — Retail · Bay of Plenty · Asking $60,000 · Profit $100,000

Large, bright dollar/variety store in a well-located shopping hub in the Bay of Plenty Currently trading 6 days a week, run by the current owner for the past 9 years Approximately 300sqm premises with a modest weekly rent Provides a working owner a solid annual profit Owner retiring, creating an opportunity for a new operator outside the main centres

DealProspect/Listings/Retail

Dollar Store – Bay of Plenty

General Retail

ActiveRetailB2C

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Asking price

~$230,000

est. from headline + $170,000 stock · NZD

Revenue (est.)

~$488,759

Estimated · comparable listings of this type and size

Profit

$100,000

Implied multiple (assumed)

~2.3×

Assumed · headline + $170,000 stock

Brief

Large, bright dollar/variety store in a well-located shopping hub in the Bay of Plenty
Currently trading 6 days a week, run by the current owner for the past 9 years
Approximately 300sqm premises with a modest weekly rent
Provides a working owner a solid annual profit
Owner retiring, creating an opportunity for a new operator outside the main centres

General retail businesses in Bay of Plenty

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Listed

+2 in 30 days

Median asking

$295K

11 priced

Median revenue

$700K

5 disclose

Earnings multiple

2.8×

42 listings

Price drops

in 30 days

Asking price spread11 of 11 state a price

This listing · $60K

18%

27%

45%

Under $100K$500K–$1M

New Zealand 70 · Auckland 25 · Waikato 8

Takeaways 10 · Building and construction businesses 9 · Motels 9 · Restaurants 9

Priced like this one

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