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This page provides a summary of the business information and refers to other confidential business information that can be made available to approved enquirers. To access this documentation please provide your details and read and agree to the confidentiality form overleaf.
Summary
Summary
STRENGTHS
STRENGTHS
- Customer Connection -Facebook, Online, Physical Presence
- Established Business
- Established core brands secured
- Excellent brand reputation
- Brand Consistency
- Business systems, suppliers etc in place
- Key High Street Location with high volume foot traffic (record available)
- Excellent presentation of business
- Partnerships with other compatible businesses
WEAKNESS
WEAKNESS
- Recent decline in sales and resulting profit
- In line with "owner fatigue" after ten years in business and increased family and other time commitments
- Similarly timed drop in momentum.
OPPORTUNITIES
OPPORTUNITIES
- Further collaboration with other businesses
- Add additional brands and other sales lines -especially faster moving or higher GP stock lines
- Add compatible services
- Change/ alter business format
- Merge with other existing compatible operator
- Additional marketing campaigns/ promotion
- Google ads
- Social media
THREATS
THREATS
- Loss of key brands
- Loss of momentum
- Drop in owner enthusiasm
- Competitor activities/ drop in market share
- Online retail (if the business does not engage or have a suitable strategy to address)
Brokers Read
Brokers Read
Miracle has been an amazing business for 10 years born out of two mums' desire to keep working while still maintaining a degree of flexibility to be able to meet the needs of their young families. The business has grown, renovated, relocated and now is remarkably well known by the community it serves.
The business would be ably handled by a sole owner, or as an ideal business for a working partnership.
Both the business presence and connections to the community offer the next owner a good platform. As well, the challenge to continue to grow and develop the business should be grasped by a new owner.
Nick Lucas
Business Broker, Business Salesperson
Dir. 03 476 7200 | Cell 020 477 6778 | Fax 03 477 3392 |
Email nick.lucas@bayleys.co.nz | Web www.bayleys.co.nz
Bayleys Dunedin, 'The Manse', 5 Smith Street, Dunedin, New Zealand
P O Box 5757, Moray Place, Dunedin
Vector Real Estate Limited, Bayleys, Licensed under the REA Act 2008
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