Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- North Dunedin
- State
- Otago
- Price
- $549,000
- Category
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Specialist Decorating Store - Proven Performer
$549,000
North Dunedin, Otago
Specialist Decorating Store - Proven Performer
An outstanding opportunity to acquire a well-established decorating and home improvement retail business with steady earnings, diversified income streams, and a strong local reputation.This specialist retailer provides a complete decorating solution including paint, wallpaper, curtains, blinds, and decorating supplies, servicing both retail and trade customers. The business benefits from repeat work, long-standing supplier relationships, and a high-margin window furnishings division that contributes strongly to overall profitability.
Annual revenue is approximately $1M+, with normalised owner earnings around $185,000. Gross margins are strong for the sector, and financial performance has remained stable over recent years, demonstrating the resilience of the business despite changing economic conditions.
The business operates from a well-located retail premises with good access and parking, and is supported by experienced staff, established systems, and loyal trade and commercial customers.
Key highlights:
• Proven retail performer with steady earnings
• Revenue approximately $1M+ per year
• Normalised earnings around $185k
• Strong gross margins
• High-margin curtains & blinds division
• Repeat trade & commercial clients
• Secure lease with renewal options
• Experienced team in place
• Retirement sale after long ownership
Asking Price: $549,000
This business offers a rare combination of stability, reputation, and growth potential, and would suit an owner-operator, working couple, or buyer seeking a reliable retail investment.
Enquire now to receive further information.
Michael Bynevelt027 291 3858michael.bynevelt@linkbusiness.co.nz
*Please refer to the LINK website for full disclaimers.
Ref: CS01048
Timestamp: 20260415041503
Business Links / Tools
Last updated: 15th April 2026
Agency
LINK | Christchurch & South Island
Contact
Michael Bynevelt
LINK | Christchurch & South Island- +64 3....
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