Link Business

Franchised Liquor Store in a Prime Location

Listing: #CS00393
price

$495,000

Profit

Refer to Broker

industry

Christchurch

Industry

Retail Food


Anika Gamba

Broker | Christchurch & South Island

Anika Gamba

anika.gamba@linkbusiness.co.nz

+64 3 366 3394

+64 22 560 3241


About this Business for sale in Christchurch

Franchised Liquor Store in a Prime Location

This liquor store for sale, is located on a busy main road that is used daily by residents travelling to and from Christchurch; residents of Sumner, Mount Pleasant, Redcliffs, Ferrymead, Clifton and Richmond.

Sales currently show growth of about 11% per annum since 2017.  This could be due to increase in new home owners settling into these popular areas and that it is close to Sumner Beach.

About the business:

  • Weekly turnover, excluding GST of $33,000 to $36,000
  • Sales for 2019 approx. $1,718,580 excluding GST
  • Rent is around $1,600 per week excluding GST and including OPEX
  • About 60% of sales is from higher profit items like spirits, wine, etc.
  • The store measures approx. 273 sqm with an 80 sqm (7 x door) walk in display chiller.

Liquor store hours:

  • Sunday to Thursday open until 9pm
  • Friday and Saturday open until 10pm

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***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. Please contact the broker for further details.

Christchurch & South Island
anika.gamba@linkbusiness.co.nz
+64 3 366 3394
+64 22 560 3241

Anika Gamba

Enquire Now

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.