Price
$589,000
Profit *
$184,998
Sales Revenue
$1,071,887
Location
Otago Region, Dunedin
Category
Franchise, Retail Stores
Listing #
CS01048
An outstanding opportunity to acquire a well-established decorating and home improvement retail business with steady earnings, diversified income streams, and a strong local reputation.
This specialist retailer provides a complete decorating solution including paint, wallpaper, curtains, blinds, and decorating supplies, servicing both retail and trade customers. The business benefits from repeat work, long-standing supplier relationships, and a high-margin window furnishings division that contributes strongly to overall profitability.
Annual revenue is approximately $1M+, with normalised owner earnings around $185,000. Gross margins are strong for the sector, and financial performance has remained stable over recent years, demonstrating the resilience of the business despite changing economic conditions.
The business operates from a well-located retail premises with good access and parking, and is supported by experienced staff, established systems, and loyal trade and commercial customers.
Key highlights:
Asking Price: $589,000 plus SAV
This business offers a rare combination of stability, reputation, and growth potential, and would suit an owner-operator, working couple, or buyer seeking a reliable retail investment.
Enquire now to receive further information.
Michael Bynevelt 027 291 3858 [email protected]
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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