Profitable business, premium shopping street

Veranda Homeware store has shown a continued increase in profitability since it was developed from a small gift shop in 2015 to become the exclusive homeware and lifestyle store that it is today.

One of the reasons for the business's success is undeniably its location on the main street of Oneroa village, where just about every visitor to the island and most of the locals spend time. It's also just across the road from stunning Oneroa Bay.

The current owners have built up a superb range of key brands, exclusive to them on Waiheke, which attracts high-quality customers.

Online sales are growing, too, especially since the Veranda website was revamped and upgraded in 2022 (https://www.verandawaiheke.co.nz). Professional management of social media, SEO, and successful Google Ad Words campaigns convince the current owners that this trend is set to continue and lead to a substantial further lift in online sales.

Not surprisingly, Veranda retains a very loyal database of 3,339 and has a social media following of 4,626.

As well as having built an enviable reputation for being suppliers of quality homewares which distinguish Veranda from other stores in NZ, the current owners receive regular positive feedback from customers.

Veranda has the ability to expand, through an interior styling service designed to generate additional revenue with little risk - it involves only buying in furniture for clients once they have confirmed they want it.

Perfect for an owner/operator, or able to be run with a manager, Veranda comes complete with full details of suppliers, ordering procedures, brand guidelines, logos, templates, website, Social Media, and packaging support. The current owners have also generously offered to introduce the new owners to suppliers in person. They are also keen to help make the handover process as seamless as possible.

Note: Stock on hand is additional to the asking price of $275,000 plus GST if any.

Agency reference #: WAI30322