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View our testimonials to see how business owners increase their profitability
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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
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Cherrytree -The Club For Smart Shoppers -Canterbury


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RegionCanterbury
Property TypeCommercial
Asking Price $200,000
Trade Dollars $100,000
Cash Dollars $100,000
Price NotesPlus stock at valuation
Sold Date28/06/2013
Vendors AgentBrian Pankhurst
021 334 865 / 03 336 3394
brianp@linkbusiness.co.nz
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Conditions
 
Cherrytree is a unique business opportunity for the right person to continue to grow a great business in the Canterbury region.

Cherrytree is a members only wholesale buying club, where members get access to over 500,000 brand name products at a discount.

Features:

  • Turnover of approximately $1.6 million pa
  • Owners takings of $100,000 – 200,000 pa
  • Lease term month to month. Landlord keen to sign new lease.
  • Premises were damaged in the February 2010 quake and has been refitted to a very high standard
  • Significant training and support is provided by the Wellington-based franchisor
  • The cost of purchase could be re-paid within two years depending on the efforts and success in the current market
  • Members pay a one-off joining fee and a $200 annual fee to keep membership current
  • www.cherrytree.co.nz
  • Financial information available upon request
 
Any interested parties should contact Brian Pankhurst at Link Business Brokers on 021 334 865 or brianp@linkbusiness.co.nz.

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Contact Us

Cameron Owen

09 414 6837