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Sold

Profitable Supermarket, sales circa $7.0M p.a

A business like this does not come to the market very often. Well known within the local community and further afield, this is an Auckland icon known for selection, value and quality.

With high cashflow and products even COVID can’t put on lockdown, this store offers fresh produce, groceries, meat, and alcohol with opportunity for significant growth through service and range expansion, marketing, and procurement enhancement. Long established but experiencing significant change and growth over the last few years, here are a few highlights.

  • NORMALISED EBPITDA of $716K FY22
  • SALES IN EXCESS OF $7M FY22
  • AVERAGE GP OF 33.0%
  • HIGH PROFILE LOCATION
  • ONLINE STORE COMPLIMENTS BRICKS AND MORTAR
  • INDEPENDANTLY OWNED AND OPERATED

Ideally located in the heart of multiple suburban catchment areas, comprising large residential populations and significant high-density residential developments, the site offers high visibility, easy vehicle ingress/egress and ample customer parking.

An ideal acquisition for an existing company in the industry to acquire and enhance their market position or an opportunity for an astute investor or working owner to acquire a resilient high cashflow business.

This is a rare opportunity to purchase an iconic landmark business that has the capacity to grow significantly, please do not delay in contacting Steve if you wish to pursue this outstanding business opportunity further.

Asking Price: $2,200,000 including stock

Please complete the online confidentiality agreement by visiting the link - https://www.kauribusiness.co.nz/business-for-sale/46/ Post executing the NDA, we will be in touch to understand your business experience and financial position.

Steve Alesech
steve.alesech@kauribusiness.co.nz (021) 949 009

Khushdeep Sharma
khush@kauribusiness.co.nz (022) 373 8555

Kauri Business Sales (Licensed REAA 2008)

Price SOLD
Business ID 46
Category Retail, Food/Hospitality

Agent Details

Steve Alesech photo

Steve Alesech

021 949 009
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Khushdeep Sharma photo

Khushdeep Sharma

022 373 8555
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