A well-established South Auckland furniture retail business, trusted by government welfare agencies, is now on the market. Operating since 2016, the store has a proven track record and a stable income stream largely insulated from market fluctuations thanks to long-term agency parterning. The current owner is beyond retirement age and ready to pass the business on.
In the 2025 financial year, the business achieved $2,299,451 + GST in revenue with a normalised EBITDA of $570,263, demonstrating consistent strong performance.
The retail showroom spans over 550m², complemented by a 275m² warehouse, offering ample space for display and storage. Showroom rent is $90,197.86 + GST + outgoings and warehouse rent is $37,097.88 + GST.
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
• Consistently Strong Financial Performance
• Established and Reliable Supply Chain
• Significant Growth Potential via Digital Expansion
• Simple and Efficient Operational Model
• Potential to Convert into Semi / Fully Managed Business
Asking Price: $870,000 (Plus Stock)
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:
[email protected]Mobile: 022 0280891
Wechat: gxj844560899
Kauri Business Sales (Licensed REAA 2008)
