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DealProspect/Listings/Retail

Lotto & Convenience Store, North Shore

Convenience Store

ActiveRetailAucklandB2C
Asking price
$275,000
Disclosed · NZD
Revenue
$601,115
TTM
Earnings
$135,233
Implied multiple
2.0×
asking / earnings

Brief

  • Long-standing Lotto and convenience store in a prime North Shore suburb with built-in foot traffic
  • Combines a high-performing Lotto outlet with convenience, licensed toy brands and essential services
  • Multiple income streams including AT HOP and Western Union, with a transferable licence
  • Prime main-street position with steady foot traffic and reasonable outgoings
  • Lean staffing (owner plus one part-timer); business website included; stock purchased separately

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 · $275K
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