Ethnic Supermarket. V.Low Rent! Net Profit $280K

For the first time on the market, this well-established and highly reputable ethnic grocery store is now available for acquisition. With a strong trading history spanning over 10 years, this business has firmly positioned itself as one of the top four Indian and Asian supermarkets in Christchurch.

Specialising in a wide selection of Indian, Asian, and multicultural grocery products, this business serves a loyal customer base seeking authentic, high-quality ingredients not typically found in mainstream retailers. Known for its diverse product range, strong community ties, and consistent sales performance, it represents a turnkey opportunity for a new owner to build on a solid foundation.

Key Investment Highlights:

• FY2025 Fiscal Year Sales: $1,694,196 with reported EBIPTDA of circa $280,000 (to working owner based on 5 days/week) – Demonstrating consistent revenue and buyer demand.
• Average EBIPTDA for FY2024 and FY2025 is circa $309,000 for an owner working 5 days/week.
• Very Low Rent & OPEX: Approx $3,900 + GST Per Month.
• High Gross Profit Margins of 29.5% (on average).
• Prime main-road location with high visibility and steady foot traffic in the shopping complex with complementing businesses.
• Loyal and growing customer base within a multicultural community.
• Efficient owner-operated model, supported by a 1 Full-Timer and 1 Part-Timer.

Significant Upside Opportunities:

• Introduce halal meats and frozen meat products
• Capitalise on the surrounding residential and commercial developments currently underway, including a very large Mosque!
• Huge E-Commerce opportunity with online website and back-office systems in place.
• Opportunity to wholesale produce and grocery to restaurants, bars, cafes and other hospitality businesses.

This is a rare opportunity to step into a high-performing, community-focused business with a proven track record and clear pathways for growth. Whether you're an experienced operator in the grocery sector or an investor looking to enter a thriving market segment, this business checks all the boxes.

PRICE ON APPLICATION 

Call the Exclusive Listing Agents:

Ron Vazirani, 021 294 2978,  [email protected]
Anil Vazirani,  021 0277 8149, [email protected]

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

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