Profitable Retail - Prime Location

Situated in the picturesque village of Geraldine, New Zealand on the tourist route between Christchurch, Mt Cook and Queenstown LOUK Geraldine is known for selling quality products at a competitive price and is backed up by great service.

The business is well known with many repeat loyal customers both domestic and international. It is returning a great profit (approx. $230K EBPIDT for 2023 EOY) and has potential to grow even further with a new enthusiastic owner.

Located in the historic Old Post Office building right in the busiest part of town with two very popular cafes on either side and another popular network of shops just across the road puts this business in a prime location that picks up plenty of foot traffic past the door. The business is in an attractive, light and spacious retail shop with plenty of parking near by.

The Business is run by the owner along with 3 permanent part time staff working with her. They are all experienced and capable of running the business without the owner being present. This would be an easy retail business for a new owner to step into and enjoy the great returns the current owner has enjoyed over the years.

If you think this is an opportunity you would like to look further into and would like to be your own boss or are looking to add the next business to your portfolio give mark a call on 027 2043625 or email mark.talbot@abcbusiness.co.nz

Price $320,000

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Agency reference #: 34350