Corso Merivale- Homewares - Fashion - Lifestyle - Giftware Business for Sale Merivale Christchurch

Description

Business name: Corso Merivale

Business type: homewares, fashion, lifestyle and giftware retail

Location: Merivale, Christchurch, New Zealand

Trading history: nearly 40 years

Sale price: $150,000 plus stock and plant

Financial performance

Projected annual sales: more than $800,000 plus GST

Gross profit margin: approximately 50%

Estimated FY2026 EBITD: $100,000

Stock value: approximately $300,000 to $350,000

Plant and equipment value: approximately $40,000

Products

Homewares: established range

Fashion: established range

Lifestyle products: established range

Giftware: established range

Operations

Direct importing: established

Supplier relationships: established

Exclusive supplier arrangements: included

Brand recognition: national

Location

Pedestrian traffic: high

Roadside exposure: strong

Complementary retailers: nearby

Growth

• Increase retail sales
• Expand product range
• Develop supplier partnerships
• Improve profitability

Buyer profile

Buyer: retailer, investor, designer or owner-operator

Reason for sale

Sale reason: owner's health circumstances