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.

PRICE ON APPLICATION

Call the Exclusive Listing Agents:

Ron Vazirani, 021 294 2978, ron.vazirani@linkbusiness.co.nz
Anil Vazirani, 021 0277 8149, anil.vazirani@linkbusiness.co.nz

Agency reference #: EL04697