Convenience Store with Heaps of potential | Waikato regionListing: #EL03066
About this Business for sale in WaikatoConvenience Store with Heaps of potential | Waikato region
This spacious, neat & clean dairy shop is located on a secure main road location with excellent parking & foot traffic.
This mini supermarket is located in a beautiful fast-growing town not far from Hamilton
This shop has been in the area for over 30 years, with current owners operating since 2001.
The dairy is being run under staff management since 2019 due to multiple business commitments of the owner
- Great turnover with heaps of potential of growth.
- Potential to add LOTTO and a food outlet (chinese or indian takeaway) as there is a high demand for food & coffee and there is none in the area.
- A separate store that made available for a liquor store.
- Sales have been consistent and the gross profit margins are high with low cigarette sales.
- Due to the size of the store, potential to convert into a franchised convenience store.
- Great gross profit margins
- Close proximity to local school
- Busy location with excellent foot traffic
- Highly supportive neighborhood
- Plenty of convenient car parking available
- Very low rent: $590 + GST per week.
- Good size storage with a separate office space.
- Secured lease in place
- Landlord building a brand new 4 bedroom accommodation behind the shop, which can be available to lease by the purchaser.
Asking Price: $490,000 + Stock at valuation
To find out more, go to linkbusiness.co.nz/EL03066 and press the “Enquire Now” button to complete an online confidentiality agreement.
Anil Vazirani, 021 0277 8149, email@example.com
Ron Vazirani, 021 294 2978, firstname.lastname@example.org
***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.
#superette #waikato #convenience store
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*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.