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DealProspect/Listings/Retail

Lingerie & Swimwear Retailer, Mt Maunganui

Apparel Retail

ActiveRetailBay of PlentyB2C
Asking price
$280,000
Disclosed · NZD
Revenue (est.)
~$713,012
Estimated · comparable listings of this type and size
Profit
$120,000
Implied multiple
2.3×
asking / earnings
Brief
  • Lingerie and swimwear retailer trading continuously in Mount Maunganui since 2000
  • Well-known destination for quality products, professional fitting and personalised service
  • Ecommerce platform in place with room to grow this channel
  • Good landlord and lease in place at a strong retail location
  • Current owner working very part-time; suited to an owner-operator with sales, marketing or customer service strengths
  • Owner is selling after 25 years of ownership, ready for retirement