Mitre 10 Opportunity in Provincial NZ

A unique opportunity to join the Mitre 10 family and own a successful business in provincial New Zealand. 
 
This really does tick all the boxes:
– Renowned and trusted brand – Well regarded as the industry leader in DIY, Mitre 10 has the products and support networks.
– Profitability – The profit of the business continues to perform, during Covid Mitre 10 stores traded well with the Pahiatua store no different.
– Secure lease – The landlord has agreed to enter into a long term lease with rights of renewal, proving the new owner security in the land and buildings.
– Established client relationships – Built up over 65 years of being in business in the Tararua region.
– National support – The Mitre 10 framework is very supportive with head office working hard to ensure continuity of stock and ensuring systems are robust with a strong health and safety culture.
 
Be part of the New Zealand success story that is Mitre 10, locally owned and operated and also the country’s largest home improvement and garden retailer who continues to grow through market share and new stores. The Mitre 10 brand is part of New Zealand’s DIY DNA, we are familiar and trust the brand so much that is has been awarded the most trusted brand in New Zealand in home improvement retailing 11 times. The business in Pahiatua is fully staffed and not owner dependent in the day-to-day operation with a strong staff culture reflected in a low staff turnover.
 
If you are looking a strong well-loved kiwi franchise business in the home and DIY sector, look no further. This is a true gem of an offering for provincial New Zealand, priced at $1,500,000 inclusive of inventory once you see the numbers you’ll see this is very good buying. Contact Ash today to complete a Confidentiality Agreement and for further information. 
 
For the existing owners the time has come to put family first, so don’t miss out on this amazing opportunity.  With COVID behind us and summer on its way, what better timing!

Agency reference #: NZL67026512