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