$1,800,000Wellington Greater AreaListing: #EL00711

Wellington Greater Area  


Refer to Broker

About this business for sale


Palmers have been an iconic New Zealand brand for almost 60 years.  They are excited to be opening a new retail store with a café in the heart of Petone, Wellington.

The new store offers a whopping 1100m2+ of floor space, a Botannix café and plenty of onsite parking.

The store is due to open in October, so a new owner has still got time to be involved at the early stages and have some input.

There are very attractive lease terms in place for the first year and a generous rent relief in years two and three.  The opening date will take advantage of the spring and summer seasons and will enable a new owner to bank the cash from day one!

If you have management experience in a retail environment, or one of the ‘Big Box’ stores then this could perfect for you. This large store includes several different departments and a Botannix café.  There are two options available: the entire store including Botannix cafe, or the Botannix cafe can be sold as a separate standalone business.

You will get full support, training and ongoing guidance from the very experienced support office.

If this sounds like you, give me a call or email now.

Investment of $1.8 million for the store and cafe (includes stock).  

The cafe only option is $450,000.

Call Laurel McCulloch


or Paula Moore

021334 699

Reference: EL00711

Auckland - Ellerslie
+64 9 555 6034
+64 21 786 813
Auckland - Ellerslie
+64 9 555 6005
+64 21 334 699

Paula Moore

*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.