Dollar Gift & Variety Store Business for Sale Palmerston North

Description

Business type: variety retail store

Current status: established operating business

Operating model: managed retail operation

Financial information

2024 sales: $297,583 plus GST

Profitability improvement potential: supported by increased owner involvement according to the source

Products

• Everyday retail items
• Gifts
• Craft products
• Toys
• Souvenirs
• Party supplies

Product range: diversified

Customers and market

Customer base: community-focused

Foot traffic: stated as high

Nearby shopping mall: in place

Location

Site position: near a busy shopping mall

Location quality: stated as prime

Parking: ample

Staff and operations

Current management structure: operated under management

Full-time staff: 1

Part-time staff: 1

Owner involvement: limited under current structure

Lease

Lease: secure

Expansion options

• Increase owner involvement
• Improve operating margins
• Expand selected product categories
• Increase local marketing activity
• Build on existing foot traffic

Potential buyers

• Owner-operators
• Variety store operators
• Gift and general merchandise retailers
• First-time retail buyers