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DealProspect/Listings/Retail

Waihola General Store & Freehold, Otago

Convenience Store

ActiveRetailOtagoB2C
Asking price
$49,000
Disclosed · NZD
Revenue
$312,000
TTM
Earnings (est.)
~$66,394
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • The Waihola Store sits on State Highway 1, 30 minutes south of Dunedin, in a lakeside town that draws holidaymakers, boaties and steady passing traffic.
  • Shop and residence sit under one roof, so the owner trades out the front and lives out the back — no landlord and no rent.
  • The business currently runs under management with a part-time crew, so the owners do not work in it.
  • An NZ Post agency at the front adds a further income stream alongside store sales.
  • Drive-in layout with plenty of parking, in a growing lakeside town at the finish line of the Clutha Gold Trail.
  • An owner-operator could convert wages to profit and set the trading hours to suit.