BUSINESS DESCRIPTION
Looking for a Lifestyle Change, This may just be your ticket.
Located in one of New Zealand's most desirable places to live this business has been around since 1896.
From its beginnings of selling fashion fabrics, hair pins to riding boots etc for almost 100 years it has moved with the times to it now selling Leading brand surf wear, clothing and footwear for men, women and children, nursery toys and other gift lines, embroidery and patchwork fabrics and notions, haberdashery, blinds and drapes.
The business is very much seasonal with the influx of tourist and holiday makers visiting the region over the summer months.
The business looks after the tourist in the summer months and the locals and regular weekend holiday makers during the winter.
Annual Rent $20,640 +GST, Term 3 years with 3 rights of renewal, Final expiry October 2020
Gross Profit $ 142,748
Cash Surplus $ 60,170
Please Note: the asking price of $170,000 excludes stock of Proximity $160,000 at time of writing. During the peak season the store holds another $80,000 to $100,000 of stock on top of this.