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Shopping - Retail Store Business For Sale
Christchurch New Zealand
This is an opportunity to purchase a long established retail Menswear and Boys' Schoolwear business situated in the heart CHCH's "Green Zone" Great Business, Fantastic Location! - The store has been trading for over 25 years and is located in the busy Bush Inn Centre, Upper Riccarton, CHCH.
- The Centre is currently undergoing extensive redevelopment and refurbishment.
- Countdown Supermarket, Smiths City, Paper Plus and Lincraft from Australia are long term anchor tenants.
- Other instantly recognisable stores are tenants of the Centre.
- The Canterbury University is also in very close proximity.
- Current owners have owned for the last 5 years.
- 16 months left to run on existing lease with ROR for a further 6 years.
- Established supplier base with iconc brands.
- Establised customer base with strong repeat business.
- Active electronic database and Customer Loyalty Programme.
- Member of nationwide co-operative buying group.
- Professional and modern store layout with quailty shop fit.
- Currently run by owner and 2 part time staff.
- Present owner willing to remain accessable for significant time period to ensure smooth transition to purchaser.
Products / Services
Iconic Brand Names including Levis, Jockey, Cambridge, Summit, Silverdale and Rembrandt compliment the full range of quality Menswear available for purchase. The store caters to a wide market and the business has a focus on providing strong customer service and great value for money. Excellent supplier relationships are in place and the store stocks a modern range of Menswear items including Formal and Casual Jackets, Business and Casual Shirts, Dress and Casual Trousers, Knitwear, Jeans, Underwear, Socks, Ties, Belts and accessories. Plus...... - Strong Boy's Schoolwear business with authorised supplier arrangements to many local High Schools.
- A popular drycleaning agency and full alteration service.
- A well supported customer loyalty programme.
Leasehold Premises - Rentable area of 93 square metres.
- 16 months to run on existing Lease with ROR for further 6 years.
Plant and equipment being sold
- Fixtures and Fittings including racks, stands, mannequins, slat wall, glass and wooden shelving, wall stripping, hangers, wall fixings, window hangings and baskets.
- Joinery including shop fit, counters, cabinets and fixtures
- Floor coverings
Day to Day Management
Staff
Currently run by owner and 2 part time staff.
Hours of Operation
Mon-Fri 9.00am - 6.00pm Sat and Sun 10.00am - 5.00pm Public Holidays 10.00am - 4.00pm
Stock
All stock to be sold at valuation.
Call the seller on +64 27 2493372
About Upper Riccarton, Christchurch
Situated in Christchurch's West, Upper Riccarton has been relatively uneffected by the events in CHCH over the last year. As a result the area has shown significant growth with demand for residential properties and business opportunities being high. There are many quality educational facilities within the area including Canterbury University with over 16,000 students. Slightly further to the west are the affluent rural areas of Lincoln, Prebbleton, Yaldhurst and Darfield. The Christchurch International Airport is also in close proximity.
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