Link Business

Profitable Superette With Good Location for Sale

$1,150,000+StockManukau CityListing: #NS00392


Manukau City  


$1,150,000+Stock


Dairies & Superettes
Refer to Broker


About this business for sale

Profitable Superette With Good Location for Sale

* This is one of the most profitable superette in Auckland.  It is situated in a small shipping complex in the south of Auckland.  Very litter competition around the area.

* There are ample of carparks within the shopping complex. 

* The shop sales is between $45,000-47,000 plus $5,000-6,000 lotto on top according to the vendor. The rent is cheap as less than 3% of the shop sales. 

* The cigarette sales is just about $14000 per week which is pretty low comparing to its turnover.   About 50% revenue is derived from the drink sales.  Grocery sales are outstanding, too.

* Surprisingly that the pie sales if extremely high as the shop sales over 1000 pies a day. You should be able to deduce the heavy foot traffic from that.

* The vendor claims that the average gross profit is about 20%.  The labour cost is low just about 3% of the sale for one full timer, two part timers and two working owners.

* To sum up, this is one of the best shop in Auckland and hardly seen on the market.  It could be operated under semi-management. Great for someone looking for high cash flow business.

*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.