Listing #:5007912402

Premium Convenience Store, No Competition. 40% Gross Margins!!

Location: Auckland City, Auckland
This Premium Convenience Store is situated in a very well sought after location. Surrounded by a Major University Accommodation, this store caters to students, visitors, local staff, nearby offices and by-passers. This store is a necessity in the area with no major supermarkets around and dominates the area with high gross profit margins of 40%+.

From dairy products to general items to hot foods and coffee - all under one roof. The store fit-out is modern and spacious with a variety of products and volume of inventory that lures in customers.

Currently fully managed, there is an abundance of potential for an owner operator working alongside a trained team of staff.

• Sales circa $25,000 to $29,000 plus per week with huge margins of 40%!!!
• No cigarette sales provisioning for high margins and a business with longevity!
• The location is rare as hen's teeth!
• Surrounded by various complementing business and student accommodation
• Secure lease in place with reputed commercial Landlords (Ministry of Education)

Asking: $629,000 + SAV

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

***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.

#convenience #auckland #grocery #lotto #primelocation #coffee #hotfoods #lunchbar #opportunity #generalstore #supermarket

Agency reference #: EL04183
Asking price: $629,000
Listed: Thu 7 Nov, 5:37 pm
Ron Vazirani
Link Business Broking Ltd
  • Contact details
  •  (09) 5556036
  •  (021) 2942978

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Agent's details

Ron Vazirani
  •  (09) 5556036
  •  (021) 2942978
Link Business Broking Ltd
(09) 5799226

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Expires: Thu 2 Jan, 5:37 pm
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