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Kaikohe Mitre 10 Business for Sale
Kaikohe, Northland, New Zealand

  

Kaikohe Mitre 10 franchise business for sale

 

Top brands, Top range, Top value

 
Kaikohe Mitre 10 is more than a hardware store. This big brand store a "one stop shop" that retails hardware, housewares, gifts and garden products. 
 

Kaikohe Mitre 10 stocks a comprehensive range of power tools and accessories, general hardware and home decorating supplies, plasticware and household items, gifts, toys and a great selection of plants and gardening products. 

Kaikohe Mitre 10 also offers engraving services for trophies and memorabilia as well as having a Cafe for customers and passing shoppers. 

The business is one of the largest in Kaikohe. It services both local and regional trade with customers coming from Kaikohe and Hokianga and as far afield as the Bay of Islands, Kerikeri, Paihia and Opua.

Franchise business retails hardware, homeware and garden products
 
The owners of Kaikohe Mitre 10 are now at the stage where they want to take time out to be with their family and in particular with grandchildren. This popular franchise business would ideally suit a husband and wife team. Prior experience of retailing or some aspect of the building trade would be an advantage although the present staff can offer lots of assistance.
 
Mitre 10 is a well-known Franchise for hardware and housewares
 

Mitre 10 has been a household name in New Zealand since 1974. Now there are over 120 stores throughout New Zealand operating under the Mitre 10 banner.

Individual ownership is the essence of Mitre 10 as the Franchisor believes that only the people who own and run the stores can offer customers the service they expect.

 

The Franchisor offers computerised systems and procedures including support for accounts and invoices.

Other benefits provided by the Franchisor include group purchasing and fixed cost control, a New Zealand icon brand and image, advertising and sales promotional campaigns, proven national marketing programmes, a national support centre facility and much more.

A great selection of housewares, gifts and toys
 

Kaikohe Mitre10 has a prime location on Kaikohe's main street

 
Kaikohe Mitre 10 operates from 1658 square metres of commercial-zoned land on Broadway. The retail building (1280 square metres) is constructed of concrete floor and exterior walls, some wooden flooring, and a corrugated iron roof. The exterior of the shop has been repainted and sign written in the new Mitre 10 colours and signage.
 

Retail area:

  • Benches, counters.
  • Merchandisers, display stands, storage cupboards.
  • Light fittings, floor coverings, wall decorations.
  • Cash register, EFTPOS terminal.
  • Electronic surveillance.

Office:
The present owners share the daily running of their business with one being the store Manager while the other operates the computer, places orders for promotions and processes all inwards goods.

  • Desks, chairs and office equipment.
  • Phone, fax.
  • Computer, printer, computer software. The computer is linked to the Mitre 10 Franchisor who also provides a 24 hour back-up service.

Garden Shop:
The Garden Shop retails a whole range of popular house and garden plants, seeds, potting mix, and fertiliser. Decorative ceramic pots, garden ornaments, and garden furniture are especially popular. A complete range of garden supplies, irrigation fittings and fixtures are available from wall display racks in the general retail space but near the Garden Shop.

Engraving room:
Kaikohe Mitre 10 has a separate room for engraving. One staff member has been trained in the engraving business. When not engraving trophies, the engraver works in the store.

Other equipment and facilities:

  • Inwards goods area.
  • Staff toilet (2).
  • Customer parking for 7-8 cars.
Building materials for any home renovating project

Garden products, garden hardware, seeds, and fertiliser

Plants and garden products are an important component of turnover

Great range of garden plants and garden products

 
The business provides a Cafe for customers and passing street traffic
 
Kaikohe Mitre 10 has developed part of its retail space into a Cafe. The Cafe brings many additional customers to the store. The Cafe is located at the rear of the store meaning that customers have to walk through all of the retail displays.
 

The Cafe is leased out with a lease of 3x3x3 years (payable to the owner of Kaikohe Mitre 10). The lease expires in 2016 and the next renewal date is June 2010. The Cafe comprises kitchen and food preparation, servery, customer seating and two public toilets.

Equipment, fittings and fixtures (all included in the Mitre 10 chattels list) include:

  • Refrigerator, cold room.
  • Oven, microwave oven.
  • Dishwasher.
  • Coffee machine.
  • Drinks refrigerator.
  • Grill.
Cafe servery and customer seating area
 
Day to day management at Kaikohe Mitre 10

 

Business Hours:
Monday to Friday - 8.30 am to 5.00 pm.
Saturday - 9.00am to 1.00 pm.
Sunday - 10.00 am to 2.00 pm.

Staff:
Kaikohe Mitre 10 is operated by the two owners with assistance from 7 staff. 
One staff person works the garden centre for five and a half days. Other staff are rostered to provide 4 staff for Saturdays and 3 staff for Sundays.

Depending on circumstances, the new owner may wish to change staffing levels to reflect their management needs.

If required, the present owners are prepared to assist the new owner for as long as needed, terms by arrangement.

Stock:
Stock at Valuation will comprise mainly retail goods and total about $350,000. Stock also includes the trophies displayed in the engraving room.

Manuals:
Computerised price lists are part of the business sale. There is a database of main customers.

Promotion and Advertising:
Kaikohe Mitre 10 benefit from the catalogue drops made by the Franchisor to householder mailboxes and from national television advertising. Other promotion comes from having a prime building location on Broadway with branded colours and signage, from radio advertising and from telephone enquires via Telecom Yellow Pages.

 
Kaikohe
 

Kaikohe, being situated in the centre of the Mid North,  is known as "The Hub of The North". The town is the service centre for a large farming area.

Kaikohe is approx 45 minutes from the West Coast and 30 minutes from the Bay of Islands on the East Coast. Kaikohe boasts over 500 business. 

For more information on Kaikohe, click on:
www.kaikohe.co.nz

www.geocities.com/Heartland/
Park/3090/kaikohe1.html

www.fndc.govt.nz/CommunityBoards/
Kaikohe/indexkaikohe.htm

www.okaihau-college.school.nz/

Kaikohe is midway between East and West Coasts
 
Business For Sale Details
Trading Name Kaikohe Mitre 10
Business Category Building & Maintenance - Building Materials & Supplies
Location 81 Broadway
Kaikohe
Northland
New Zealand
Business Established 1987, by present owner
Title Going Concern Business

Leasehold Land
and Buildings
(Freehold also available,
by negotiation)

Land Area 0.1658 hectare
Annual Sales NZD $1,000,000
Asking Price Price on application
Contact Murray Fielding
Phone A/H +64 9 401 0977
Mobile 021 030 4937
Email murray.ina@xtra.co.nz
Northland has a mild, humid and rather windy climate. Summers tend to be warm and humid, while winters are usually mild with many parts of the region having only a few light frosts each year.

Mean annual temperatures range from 14 to 16 degrees Celsius, giving it the highest mean annual temperatures in New Zealand.

The Bay of Islands is made up of over 100 large and small islands with sheltered coves and sandy beaches extending into the blue Pacific. It offers fascinating history, wonderful views, great sailing and boating, scuba diving deep sea fishing.

To find out more about Northland, click on:

http://www.northnz.co.nz
http://www.northland.org.nz
http://www.twincoast.co.nz
http://www.tizwine.com/
regions/northland

http://www.nrc.govt.nz/

 

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