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DealProspect/Listings/Retail

Challenge Service Station, Christchurch

Service Station

ActiveRetailCanterburyB2C
Asking price
$700,000
Disclosed · NZD
Revenue
$5,700,000
TTM
Earnings (est.)
~$313,500
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.2×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • A Challenge service station on a busy corner intersection in central Christchurch, with access from two streets to an open forecourt.
  • Forecourt fitted with 21 nozzles, moving around two million litres of fuel annually.
  • Additional income from LPG and trailer hire, plus a separate area available to set up a further business or laundromat.
  • Price reduced; sold plus stock.