This is an excellent opportunity to purchase a very well set up and profitable supermarket business with a high turnover and a possibility of growing it further.
The operation offers a very broad range of products to its customers and is spread across multiple departments. Broad categories catered to are Groceries, Produce, Meat, Seafood, Bakery, Delicatessen and Liquor. The business also has Lotto and other add on services generating further revenue. The business represents value for its shoppers and is seen as a part of the local community with a loyal customer base.
The current owners have been in the business since 2012 and are now looking at an opportunity to divest and explore other areas of interest out of Auckland.
This is a rare opportunity to own a profitable, well-established business with future upside. The business has reported sales circa $12.3m and an EBPITDA of $550k in FY16.
Price by Negotiation.
Please contact Prashant for further information