33 Glenda Drive, Queenstown, Queenstown, Otago 9300

For sale

$2,000,000 plus GST (if any)

Central Otago Trade Retail Business For Sale

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 james.valentine@colliers.com today!