Retail & Service Business, Hastings
General Retail
ActiveRetailHawke's BayB2C
Asking price
$509,000
Disclosed · NZD
Revenue (est.)
~$1,024,145
Estimated · comparable listings of this type and size
Earnings (est.)
~$223,050
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
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
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