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DealProspect/Listings/Retail

Giftware Store, Te Awamutu

Gift Shop

ActiveRetailWaikatoB2C
Asking price
$220,000+
Disclosed · NZD
Revenue
$250,000
TTM
Owner Earnings
$70,000
Implied multiple
3.1×
asking / earnings
Brief
  • Home décor and giftware retail store in Te Awamutu, established in 2018 off the back of a successful Otorohanga store
  • Loyal customer base across the wider region, with a strong following for quality home décor and giftware
  • Continues to trade profitably through challenging recent economic conditions
  • Sold together with sister stores Murray Hunt Furnishers (Otorohanga) and Murray Hunt Beds R Us (Te Awamutu)
  • Owners retiring after building a loyal, affluent rural customer base