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DealProspect/Listings/Retail

Dairy & Lotto Shop, Rodney

Convenience Store

ActiveRetailAucklandB2C
Asking price
$750,000
Disclosed · NZD
Revenue
$1,560,000
TTM
Earnings (est.)
~$219,648
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.4×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Long-established dairy and lotto shop in a developing Rodney residential area
  • Easy customer parking nearby
  • Run by one working owner plus one staff member
  • Simple, easy-to-learn operation

Convenience stores in Auckland

All 10
Listed
10
+2 in 30 days
Median asking
$690K
8 priced
Median revenue
$1M
5 disclose
Earnings multiple
2.8×
41 listings
Asking price spread8 of 10 state a price
This listing · $750K
25%
13%
50%
13%
$100K–$250K$1M–$2.5M

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