Indian & Asian Supermarket, Christchurch
Supermarket
ActiveRetailCanterburyB2C
Asking price
$750,000
Disclosed · NZD
Revenue
$1,611,865
TTM
Profit
$277,883
Implied multiple
2.7×
asking / earnings
Brief
- Well-established grocery store with a trading history spanning over 11 years, positioned among the top four Indian and Asian supermarkets in Christchurch
- Specialises in Indian, Asian and multicultural grocery products not typically found in mainstream retailers
- Diverse product range, strong community ties and consistent sales performance
- Gross profit margins of 29.5% and low rent
- Prime main-road location with high visibility and steady foot traffic
- Efficient owner-operated model supported by one full-time and one part-time staff member
- Upside through fresh produce, halal meats, dairy and frozen goods, plus surrounding residential and commercial development
- E-commerce opportunity with a website and back-office systems already in place
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