Business for Sale

427 Port Road Whangamata & 228 Main Road, Tairua., Whangamata, Coromandel 3620

$100,000

Two Art Galleries - for the price of one!

Proffits are up with Kiwis unable to travel overseas due to COVID-19 they are spending money here.
These galleries are stock full of beautiful local and new Zealand art works which are selling well. Busyest year ever.
An ideal owner operator business or retirement income, easily to run from two great locations, Whangamata and Tairua.
Main street sites, great foot traffic, high profile. Stock supplied by local artists who also provide volunteer labour, good commission on sale, secure leases in place.
Tairua has a Auckland customer base, Whangamata has a Waikato customer base.

If you have a passion for art and want that beach lifestyle, this is the perfect opportunity. Get in now for the Summer trade and escape the rat race!! Contact me today! Property ID: #WGA2687

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Sold Date

  • 18 February, 2021

Property features

  • Legal Name: The Little Gallery Limited
  • Business Name: The Little Gallery Limited
  • Property Type: Retail general, Other (Art Gallery)
  • Leased plant: na
  • Monday: 10am-4.00pm
  • Thursday: 10am-4.00pm
  • Friday: 10am-4.00pm
  • Saturday: 10am-4.00pm
  • Sunday: 10am-4.00pm
  • Gross profit $: 125.175.22
  • Turnover $: Turnover: $333, 482.8, Inc GST
  • Total (plus GST if applicable) $: 120000
  • Stock $: 7500
  • Tangible assets $: 17500
  • Intangible assets $: 95000
  • Full time: 2
  • Opposition: none
  • Other comments: Two leases first lease at Tairua is: 3 by 3 years expiring 21 May 2029, rent $8528.40 + GST PA Whanagamata Lease is: 5 by 5 years expiring 08 Oct 2026, rent $16, 000 + GST PA
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Office

Harcourts Whangamata

Licensed under REAA 2008

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Est. bond $1920

Business for Sale

427 Port Road Whangamata & 228 Main Road, Tairua., Whangamata, Coromandel 3620

$100,000

Two Art Galleries - for the price of one!

Proffits are up with Kiwis unable to travel overseas due to COVID-19 they are spending money here.
These galleries are stock full of beautiful local and new Zealand art works which are selling well. Busyest year ever.
An ideal owner operator business or retirement income, easily to run from two great locations, Whangamata and Tairua.
Main street sites, great foot traffic, high profile. Stock supplied by local artists who also provide volunteer labour, good commission on sale, secure leases in place.
Tairua has a Auckland customer base, Whangamata has a Waikato customer base.

If you have a passion for art and want that beach lifestyle, this is the perfect opportunity. Get in now for the Summer trade and escape the rat race!! Contact me today! Property ID: #WGA2687

Property Features

  • Legal Name: The Little Gallery Limited
  • Business Name: The Little Gallery Limited
  • Property Type: Retail general, Other (Art Gallery)
  • Leased plant: na
  • Monday: 10am-4.00pm
  • Thursday: 10am-4.00pm
  • Friday: 10am-4.00pm
  • Saturday: 10am-4.00pm
  • Sunday: 10am-4.00pm
  • Gross profit $: 125.175.22
  • Turnover $: Turnover: $333, 482.8, Inc GST
  • Total (plus GST if applicable) $: 120000
  • Stock $: 7500
  • Tangible assets $: 17500
  • Intangible assets $: 95000
  • Full time: 2
  • Opposition: none
  • Other comments: Two leases first lease at Tairua is: 3 by 3 years expiring 21 May 2029, rent $8528.40 + GST PA Whanagamata Lease is: 5 by 5 years expiring 08 Oct 2026, rent $16, 000 + GST PA
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Sold Date

  • 18 February, 2021
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Harcourts Whangamata

Office Harcourts Whangamata Licensed under REAA 2008

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Need to sell before you Buy?

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