Link Business
*** SOLD ***

A Much Loved Wellington Store

Listing: #WL00517
price

$245,000

Profit

sales

industry

Wellington Central

Industry

Retail General



About this Business for sale in Wellington Central

A Much Loved Wellington Store

Magnolia Trading Company is an iconic Wellington store well known for unique gifts, homeware and accessories. Located in a highly visible position on the corner of popular College St in the heart of Wellington. This business is well run with an excellent trading history and has good clear up to date financial records.

This busy store offers a unique and eclectic mix of high quality products sourced from around the world. Magnolia is recognised for a visually exciting and an always changing collection of items for the home, a few select and edited clothing brands, jewellery, scarves and thoughtful gifts. A trusted source of beautiful items and great service for a discerning Wellington market.

A favourite with locals and visitors alike, this store trades well all year round and also benefits from Wellington’s seasonal highlights including WOW (World of Wearable Art), Arts Festivals, and general events.

It offers the following:
- Lots of on-street parking
- Close to the iconic cafes Prefab and Caffe L’Affare
- A curated collection of quality giftware, accessories and clothing
- Knowledgeable Staff
- Very accessible location, a stone’s throw from major routes
- Good opportunity to expand the business through online activities
- Reluctant sale due to owner relocating after 19 years

If you are looking for an easy-to-run, iconic, profitable and established business that is pleasure to work in, sells a wide range of beautiful products, has plenty of regular customers, and has great development potential for online sales, then contact Christo now.

#buybusiness #wellington #gifts #giftshop #giftideas

Christo Botes, 0220261062, christo.botes@linkbusiness.co.nz

 

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.