Retail

$5 Max & Mr Max Retail Store in Hamilton. Established 1995

Prime location, great returns & low rent till 2033!

Address 131 Commerce Street, Frankton, Hamilton

Location Hamilton

Sales Weekly sales available on application

Asking Price $199,000 + Stock of $100,000

Listing ID KA1863

With $40 million of developments going up right across the road, and extensive council investments in public transport and infrastructure, this upcoming Ponsonby like shopping and living area with plenty of foot traffic is not to be missed.
This popular business has been trading from the same location for over 25 years and has built its foundation with loyal, regular customers. Saturday mornings are bustling with shoppers coming to the Commerce Street Frankton markets and now with 75 new apartments going up across the road, this is prime location to continue reaping the rewards.
The turnover has been consistent year on year, and with great returns. The current owner solely works 40 hours per week Monday to Friday with exception for Saturdays with both owners working 5 hours each due to the high levels of patrons visiting the Frankton markets.
Current owners are looking to retire and relocate to Auckland after 6 years of ownership. However. This business will suit a discerning buyer who is looking to replace their job with a more well-paced life with great returns.


Business Highlights
- FY2020 Cash surplus to the owner of $120,000+
- High foot traffic location
- Opportunity to expand existing range
- Cheap as chips lease, secured through to 2033
- Three years of ‘bank-friendly’ accounts
- Low competition in the area


Call Raj Brij today on (021)386-212 if you're looking for a longstanding business with great returns.


Asking Price: $199,000 + stock (approximately $100,000)
Listing ID: KA1863