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DealProspect/Listings/Retail

Community Grocery & Barber Shop, Masterton

Convenience Store

ActiveRetailWellingtonB2C
Asking price
$149,000
Disclosed · plus stock · NZD
Revenue (est.)
~$891,761
Estimated · comparable listings of this type and size · typically within ±30%
Earnings
$117,980
Implied multiple
n/a
Stock is extra · value not stated

Brief

  • a community grocery store and a neighbourhood barber shop
  • Grocery stocks everyday essentials plus specialty ethnic grocery ranges
  • Barber shop currently operated under management
  • Grocery premises exceed 200 sqm with a strong residential catchment
  • Low rent and outgoings support healthy margins
  • Scope to grow the barber shop with more chairs and added services