This is an exclusive opportunity to purchase one of Central Otago's leading trade retail businesses. With stores spread across 3 locations in Queenstown, Cromwell and Wanaka, this is an opportunity to be seriously considered by any aspiring owner-operators and entrepreneurs or seasoned investors alike!
Operating since 2010, Southern Trade Supplies has established a loyal customer base, expanding from Queenstown into the surrounding two main towns. Over the course of this time, they have established consistent revenue in excess of $5,000,000 over the past 3 years with strong profits alongside this.
With over $1,000,000 in current assets and stock, this is a turn-key opportunity for prospective purchasers. The current owners are willing to stay on for a period of time, or exit immediately, depending on the purchasers' intentions.
• Flagship store in Queenstown, with 2 further sites in Wanaka and Cromwell
• 11 full time staff (including current owners)
• Revenue in excess of $5,500,000 for the 2022 year
• Long term leases across all sites
• Strong and loyal local customer base
Full financial accounts for the past 2 financial years are available upon the signing of a confidentiality agreement.
For sale by asking price of $2,000,000 plus GST (if any).
Don't let this opportunity pass you by - reach out to the sole agent James Valentine on 021 777 772 or [email protected] today!
