Furniture/Homewares Retail Icon. Highly Profitable | ABC Business

Furniture/Homewares Retail Icon. Highly Profitable

$1,350,000 - Auckland

Industry: Retail


Established in 1996, and with the current owner since 2007, this iconic chain of Auckland retail stores is now selling.

The owner is now ready to retire, leaving the brand in excellent health, having spent a year reviewing all facets and operational aspects of the business making it sale-ready.

The new owner will be walking into a highly profitable business with all stores in the chain performing incredibly well with a rapidly growing online presence.

In an environment where through freight issues actually having stock is key, you will be well covered with an impressive $1,600,000 worth of stock on hand plus plenty in transit.

The management structure is such that all bases are covered with managers in place looking after operations, marketing, products, warehouse and a Regional Manager leaving the owner as the sole buyer and overseeing the business.

This is a unique purchasing opportunity at the right time for the business, there are surprisingly very few "peaks and troughs" in performance through the year allowing consistency of cash flow.

Get in touch if this is of interest as this is truly a one-off retail business icon that will be highly sought after. Lester - 0274 599 773.

Price $1,350,000 plus estimated stock value $1,600,000

For a confidential discussion, please complete our online confidentiality agreement.
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To obtain more information click here to complete a confidentiality agreement Need business finance? Click here to contact the team at the Loanary

Location: Auckland

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Our brokers

Lester de Vere

027 459 9773

Lester de Vere

027 459 9773

Contact Lester

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