[UNDER CONTRACT] A well-established furniture store in South Auckland with over 30 years of industry expertise. A significant portion of this business’s revenue is derived from government welfare agencies, supplemented by walk-in and general market customers. The operating model is largely insulated from broader market and economic fluctuations. The current owner is beyond retirement age and ready to pass the business on.
The retail showroom spans over 530m², complemented by a 275m² warehouse, offering ample space for display and storage. Based on the financial report 2026, the normalised EBITDA for a working owner is estimated at $231,105.
The business offers practical, value-for-money furniture that is not influenced by fashion trends, combined with a simple, easy-to-operate model. Significant opportunities exist to grow through digital marketing, online sales, and wholesale distribution. Vendors are also willing to assist with introductions to agency clients and suppliers, ensuring a smooth transition.
Highlights
- Trusted Partner of Government Welfare Agencies
- Prime Corner Location with Exceptional Visibility
- Established and Reliable Supply Chain
- Significant Growth Potential via Digital Expansion
- Simple and Efficient Operational Model
- Potential to Convert into Semi / Fully Managed Business
- Clear and achievable upside potential
Asking Price: $450,000 (plus Stock of $60,000)
Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/ca-forms/ca-form-201
Post executing the NDA, we will be in touch with more information.
Jane Gu
Email: jane.gu@kauribusiness.co.nz
Mobile: 022 0280891
Wechat: gxj844560899
Kauri Business Sales (Licensed REAA 2008)
