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DealProspect/Listings/Retail

Retail & Service Business, Hastings

General Retail

ActiveRetailHawke's BayB2C
Asking price
$509,000
Disclosed · NZD
Revenue (est.)
~$1,248,467
Estimated · comparable listings of this type and size
Earnings (est.)
~$256,384
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Long-established Hastings retailer with over 100 years of goodwill in the same location
  • Diversified across power tools and mobility products, both in-store and online
  • Services and repairs what it sells, adding a recurring revenue stream
  • Central city location with a negotiable new lease, as the vendors own the building
  • Experienced staff in place and flexible vendor finance options offered
  • Price includes stock of approximately $330,000