Boutique kitchenware business in Gisborne
A well-established cookware and kitchen accessory retail business, which has traded for 40-years, is now for sale in Gisborne.
Interiors operates from leased premises at Shop 4, in the Ballance St Village, and specialises in supplying a full range of kitchenware.
Colin McNab, of Bayleys Gisborne, says the business was founded by Gisborne retail entrepreneur Peter Grant in 1979, and bought by the present owner eight years ago.
Employing a full-time owner/operator plus two part-time staff, it sells mainly ovenware and food preparation utensils.
McNabb, who is selling the going concern business by negotiation, says Interiors operates from a premises with a three-year-lease, running through to 2022, with a further threeyear right of renewal. The business pays a rental of $9,620pa.
Interiors runs its retail operations six days a week, 10am-5pm.
“The clientele is predominantly made up of woman aged 35-65-years,” says McNabb.
“A new owner would most likely have an interest in cooking, baking and food preparation, however, running the business could definitely be learnt.
Present owner Katrina Pepper is available to assist any new owner through the transition period, being prepared to support and mentor them for an agreed period of time.
“An opportunity for growing Interiors’ kitchenware retail business has been identified by the current owner, but has not yet been fully explored. This is through the hosting of cooking classes and culinary related evenings. Celebrity chefs and cooks could be brought in for demonstrations, or cookery-book authors for speaking engagements. All this would happen over a glass of wine and a plate of nibbles, of course.”
In essence, Interiors could become a destination for the business’s core target clientele, says McNabb.
“Attendees would not only pay to attend an event on the social calendar; they’d be highly likely to impulse buy product off the shelves.”
He says being within the Ballance St Village retail hub, allows clientele to visit multiple venues, with free parking nearby.
Neighbouring retail tenancies include a bakery, pharmacy, hair salon, book store, superette, IT business, dentist, architect, garden centre, antique shop and many others.
McNab says Interiors has focused on a repeat business from local clientele. Its wedding register service is popular with couples who place stock items on the list, which wedding guests can buy from.
“While wedding registers are common in big city department stores, it’s a real boost to the Gisborne economy that the service can be offered locally.”