A well-established furniture retail business located in Auckland is now on the market. The current owner has successfully operated this store for nearly a decade but is now beyond retirement age and ready to pass the business on.
In the 2025 financial year, the business achieved $2,299,451 + GST in revenue with a normalised EBITDA of $570,263. There remains significant potential to grow the business even further.
The retail showroom covers over 550 sqm, with current rent at $90,197.86 + GST + outgoings per annum. A separate 275sqm (approx.) warehouse is also leased at $37,097.88 + GST per annum.
With modern design tools, improved branding, and digital marketing, this business is well-positioned for the next generation to take it to new heights. It is also very well-suited to being converted into a semi-managed or fully managed operation.
Highlights
• Prime Corner Location with Exceptional Visibility
• Established Brand with a Proven Track Record
• Consistently Strong Financial Performance
• Underserved Yet Reliable Customer Base
• Established and Reliable Supply Chain
• Significant Growth Potential via Digital Expansion
• Simple and Efficient Operational Model
• Flexible Leasing with Landlord Support
• Optional Ongoing Involvement from Owner
• Potential to Convert into Semi / Fully Managed Business
Asking Price: $950,000 (Including Stock Valued at $80,000)
Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/ca-forms/ca-form-201
Post executing the NDA, we will be in touch with more information.
Jane Gu
Email:
[email protected]Mobile: 022 0280891
Wechat: gxj844560899
Kauri Business Sales (Licensed REAA 2008)