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DealProspect/Listings/Retail

Bedding & Homeware Retail Store, Te Awamutu

General Retail

ActiveRetailWaikatoB2C
Asking price
$360,000
Disclosed · NZD
Revenue
$600,000
TTM
EBITDA
$117,000
Implied multiple
3.1×
asking / earnings
Brief
  • Beds R Us franchise store in Te Awamutu selling the Sleepyhead range of beds
  • Established in 2020 off the back of an existing Otorohanga store, with a growing population catchment
  • Nearest franchise competitors located in Cambridge and Te Rapa, Hamilton
  • Loyal customer base built through a touch-and-feel product experience and delivery service
  • Trading profitably through challenging recent economic conditions, with sales expected to increase as confidence improves