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DealProspect/Listings/Retail

Furniture Retail Business, South Auckland

ActiveRetailAucklandB2C & B2G
Asking price
~$510,000
est. from headline + $60,000 stock · NZD
Revenue (est.)
~$1,373,173
Estimated · comparable listings of this type and size
EBITDA
$231,105
Implied multiple (assumed)
~2.2×
Assumed · headline + $60,000 stock
Brief
  • A well-established furniture store in South Auckland with over 30 years of industry experience.
  • A significant portion of revenue comes from government welfare agencies, supplemented by walk-in and general market customers.
  • The retail showroom spans over 530 square metres, complemented by a 275 square metre warehouse.
  • Offers practical, value-for-money furniture not influenced by fashion trends, with a simple operating model.
  • Growth potential through digital marketing, online sales and wholesale distribution.
  • Owner is beyond retirement age and ready to pass the business on; can be converted to a managed operation.