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DealProspect/Listings/Retail

Fresh Produce Retail Business, Canterbury

Greengrocer

ActiveRetailB2C
Asking price
$2,000,000
Disclosed · NZD
Revenue
$4,500,000
TTM
Earnings (est.)
~$531,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.8×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • High-turnover fresh produce retail business on a strategic roadside site in the Canterbury region
  • Long-standing destination with over 25 years of trading and an established, loyal customer base
  • Wide range of fresh fruit and vegetables sourced daily, plus convenience product lines
  • Long-term lease, high exposure, ample on-site parking and a reliable multi-supplier network
  • Experienced management and trained team in place; owners seeking a lifestyle change; stock purchased separately