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***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.

Retail

Premium Furniture Retail. 36% Return & $400,000+ EBITDPI (3yr Av)

Lower South Island with dream location!

Address Lower South Island location disclosed to approved purchasers

Location Auckland, Otago

Sales Weekly sales average of $35,000+GST

Asking Price $699,000 + Stock of $400,000

Listing ID KA2029

Offering a wide range of modern on-trend furniture brands, including La-Z-Boy and Beds-R-Us, this well-established furniture retailer provides high margins and a strong return on capital.
An ideal purchaser will have the skills to offer the consistently excellent customer service the store is known for, they will also receive an A+ handover with excellent training and support.


Business Highlights
- 15% revenue growth year ending March 2021
- Net profit of $400,000 (3-year average)
- Low staff numbers to manage
- Rent is under 4% of turnover
- High margin offering
- Streamlined and simple to run business model


Don’t delay as businesses like this are rarely available. Call Mike Ponsonby today on 021 450049.


Asking Price: $699,000 + stock of $400,000
Listing ID: KA2029

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Mike Ponsonby

021 450 049
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