North Shore Superette, Lotto & Accommodation Business

North Shore Superette, Lotto & Accommodation Business — Retail · North Shore, Auckland · Asking $730,000 · Revenue $1,040,000

Well-established Superette & Lotto business in a sought-after North Shore location Strong overall gross margin with very low cigarette sales High-profile main-road location with ample customer parking Surrounded by schools, a college, parks and supporting businesses Included three-bedroom accommodation, convenient for an owner-operator Multiple income streams including shop sales and Lotto…

DealProspect/Listings/Retail

North Shore Superette, Lotto & Accommodation Business

Convenience Store

ActiveRetailAucklandB2C

Find funding for this deal →View original listing ↗

Asking price

$730,000

Disclosed · NZD

Revenue

$1,040,000

TTM

Earnings (est.)

~$146,432

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~5.0×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established Superette & Lotto business in a sought-after North Shore location
Strong overall gross margin with very low cigarette sales
High-profile main-road location with ample customer parking
Surrounded by schools, a college, parks and supporting businesses
Included three-bedroom accommodation, convenient for an owner-operator
Multiple income streams including shop sales and Lotto
Opportunity for a hands-on owner-operator to rebrand, revitalise and grow the business

Convenience stores in Auckland

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Listed

+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 · $730K

25%

13%

50%

13%

$100K–$250K$1M–$2.5M

New Zealand 13

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