Boutique Craft & Knitting Retailer, Tauranga

Boutique Craft & Knitting Retailer, Tauranga — Retail · Tauranga · Asking $239,000 · Revenue $355,684 · SDE $103,000

Long-standing boutique craft and knitting retailer in Tauranga with strong local recognition Established niche presence in the craft and hobby market with an engaged customer community Solid profit to a working owner, averaging around six figures per year Dual-channel trading with e-commerce in place and stable, long-standing supplier relationships Secure lease to 2028 with renewals; vendor…

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Boutique Craft & Knitting Retailer, Tauranga

General Retail

ActiveRetailBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$239,000

Disclosed · NZD

Revenue

$355,684

TTM

Earnings

$103,000

Implied multiple

2.3×

asking / earnings

Brief

Long-standing boutique craft and knitting retailer in Tauranga with strong local recognition
Established niche presence in the craft and hobby market with an engaged customer community
Solid profit to a working owner, averaging around six figures per year
Dual-channel trading with e-commerce in place and stable, long-standing supplier relationships
Secure lease to 2028 with renewals; vendor retiring; stock included in the asking price

General retail businesses in Bay of Plenty

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Listed

+3 in 30 days

Median asking

$217K

8 priced

Earnings multiple

2.6×

32 listings

Price drops

in 30 days

Asking price spread8 of 8 state a price

This listing · $239K

25%

38%

13%

25%

Under $100K$500K–$1M

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