Sold

Tiling Heaven - Che Stile Queenstown

SOLD



A Remarkable success story is now for sale at $1,575,000.

This very successful retail and trade tile and accessories business has been operating in the same highly visible prime location for over 15 years. Che Stile is the agent for a number of high-quality Italian tiles and accessories and boasts an impressive turnover of $2,100,000 (2018) and surplus to two working owners of $507,756.

The main driver for this business is the rapid population growth with tourists and new residents arriving in unprecedented numbers. The future looks bright with the Queenstown Southern Lakes population predicted to double in 40 years and visitor numbers continue to climb from around 3 million this year to a forecast of over 5 million in just six years.

This business is riding the wave of ongoing construction activity in all sectors and company sales growth for 2017 was +27.2% and 2018 +17.5%.

There is a strong lease in place for the premises which are large and exceptionally well suited for purpose with plenty of customer parking, an expansive showroom with covered loading and storage areas, and plenty of room for expansion.

With lifestyle friendly opening hours, the working owners still have plenty of time to enjoy and make the most of the exciting area of Queenstown along with a nice break over Christmas.

There is potential to expand the business by adding staff, extending the territory into nearby Wanaka, Cromwell, Alexandra, Te Anau and even Twizel all of which are experiencing a building boom.

Be quick with your enquiry.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2402, register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

Details

Region Otago
Price SOLD
Business ID BBS2402
Category Import/Export/Whole

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