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Electrical Appliances Business For Sale
Lower Hutt New Zealand
100% Your Electric Store Newbolds Lower Hutt are part of the 100% Your Electric Store (YES) group of 72 retail stores, selling mainly household electrical appliances. Being part of "100% Your Electric Stores" allows Newbolds Lower Hutt to offer sensational deals that keeps their customers returning year after year. The group's size provides great collective buying power, meaning customers get the Best advice on the Best brands at the Best price. Wellington is New Zealand’s capital city, and along with neighbouring Lower Hutt, the two have become internationally recognised as the home of "The Lord of The Rings". Both cities border the magnificent Wellington harbour and are surrounded by rolling green hills. Both offer great cafes and restaurants, excellent shopping, exciting museums and funky galleries. The Newbolds brand is highly respected in the New Zealand retail sector for both new and used appliances. Newbolds Lower Hutt is the only Franchisee for the lower Hutt Valley and the business sells a whole range of household necessities that range from audio systems and visual entertainment to whiteware and appliances, from computers and communication to lawn care and heating. 
Newbolds Lower Hutt is a profitable, well established business in a desirable retail location. It has a well-documented trading history and has only come on to the market because the owner wishes to retire. It would ideally suit a new owner who wants an established business trading under a respected brand name. Good people skills and a background in retailing would also be an advantage. All inquiries about this business should be directed to Sharmini Jones or David Crombie of Sherwin Chan & Walshe, Chartered Accountants in Lower Hutt. Household appliances stocked by Newbolds Lower Hutt
Newbolds Lower Hutt stock an extensive product range that includes most of the big brand items of electrical appliances available in New Zealand: - Whiteware - Fisher & Paykel, Westinghouse, Delonghi, Simpson, Sharp, Panasonic, L.G, Parmco, Robinhood
- Audio Visual - Sony, Philips, Panasonic, L.G, JVC, Sharp, Diva
- Small Appliances - Sunbeam, Breville, Russel Hobbs, Kenwood, Philips, Delonghi, Remington, Steelfort, Dyson, Panasonic, Electrolux, Kambrook
- Hi Fi and Car Audio - Pioneer, Panasonic, Sony, Wharfdale, Hifi
- Computers and Cameras - Matrix, Compaq, Sony, Panasonic, Canon, Pentax, Casio
- Phone, Fax, Mobile - Panasonic, Brother, Uniden, Audioline, Vodaphone
Newbolds Lower Hutt is a Franchise Business The "100% Your Electric Store (YES)" franchise group was formed in 1994 and the group currently incorporates 72 stores nationwide, all selling electrical appliances. Stores within the group stock only the best products in New Zealand and are spread from Kerikeri in the north to Invercargill in the south. All "100% YES" stores within the Franchise Group are owner operated. The Franchisor provides national advertising and annual rebates. In turn, Franchisees undertake to abide by the Group purchasing criteria. Franchise Fees are $1500 per month. 
Tenant fittings and chattels being sold A full list of all tenant fittings and chattels being sold is available to interested buyers. Main items include: - Benches, counters, display cabinets, merchandisers, display shelving
- Light fittings, floor coverings, security mirrors
Day to day management at Newbolds Lower Hutt Leasehold Premises:
Newbolds Lower Hutt leases retail premises in Margaret Street in central Lower Hutt. This is a prime location in a premier retail area with high pedestrian traffic. The premises have a large product display area, a separate office, two staff toilets, and a stock storage room. The leasehold is for 2 + 2 + 2 years, with the next rent review in December 2004. Business Hours:
Monday to Friday – 9.00 am to 5.30 pm.
Saturday – 9.00 am to 3.00 pm.
Sunday – 11.00 am to 3.00 pm. Staff:
Newbolds Lower Hutt is operated by the owner with assistance from 5 staff. If required, the present owner is prepared to assist the new owner, terms by negotiation. 
Stock:
Stock at valuation will comprise mostly retail items on display. Customer Database:
The business maintains a database of customers for warranty and direct marketing purposes. All relevant catalogues, manuals and price lists will be provided with the business sale. Advertising and Promotion:
Newbolds Lower Hutt advertises through prominent shop front signage, a listing in Telecom Yellow Pages, and advertisements on local radio and in local newspapers. The Franchisor provides national advertising campaigns for radio and television. Call David on +64 4 939 1975 or send
an Email to David
Lower Hutt and Wellington are vibrant, fun cities with something for everyone Hutt City (geographical name Lower Hutt) is located at the southern end of the North Island of New Zealand. It is New Zealand's ninth largest city and borders onto the capital city, Wellington. Hutt City with strong local industry, has museums, shops and shopping centres, restaurants, river and bush areas, sheltered beaches, gardens - in short, something for everyone. Many corporate and Government offices are located in the Wellington CBD and in Hutt City. The whole region has the highest per capita spending in New Zealand. To find out more about Hutt City, click on:
http://www.huttcity.govt.nz
http://www.huttcity.info/
To find out more about neighbouring Wellington and New Zealand's capital city, click on:
http://www.wcn.net.nz/
http://www.wellingtonnz.com |
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