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DealProspect/Listings/Retail

Dairy & Vape Retail Business, Auckland

Convenience Store

ActiveRetailB2C
Asking price
$980,000
Disclosed · NZD
Revenue (est.)
~$2,830,189
Estimated · comparable listings of this type and size
Cash Surplus
$375,000
Implied multiple
2.6×
asking / earnings

Brief

  • Dairy and vape retail business in a small town south of Auckland
  • Operating history of 11 years under the current owner
  • Specialist vape retail licence obtained in 2021, adding a second income stream alongside the dairy
  • Currently run by two working owners sharing the workload
  • Solid reputation, loyal customer base and efficient operating systems built up over more than a decade
  • Straightforward operation with proven systems in place
  • Suited to owner-operators or investors

Convenience stores in Auckland

All 10
Listed
10
+1 in 30 days
Median asking
$690K
8 priced
Median revenue
$1M
5 disclose
Earnings multiple
2.8×
42 listings
Asking price spread8 of 10 state a price
This listing · $980K
25%
13%
50%
13%
$100K–$250K$1M–$2.5M

New Zealand 13

Takeaways 78 · Cafes 67 · Restaurants 58 · Wholesale and distribution businesses 26 · General retail businesses 25 · Liquor stores 22