High Volume Indian Supermarket. Motivated Seller!
Listing: #EL04697Ron Vazirani
Broker | Auckland - Ellerslie

About this Business for sale in Christchurch
High Volume Indian Supermarket. Motivated Seller!FIRST TIME ON THE MARKET - This business is a true community staple, proven by its solid trading history of over a decade!
Sitting among the top 4 businesses of its industry in Christchurch, this reputable and highly established ethnic grocery store with a 11 year history is now available for a new owner to take the reins. Specializing in Indian and Asian groceries alongside other essentials, it has become a trusted source for quality ingredients not readily available in mainstream supermarkets.
The business provides a solid platform that is provisioned to become a large scale franchise.
Located on a busy main road in Christchurch, this store enjoys high visibility and a steady flow of loyal customers who appreciate the authentic product range and welcoming service.
Highlights:
- 7-day operation with large weekly sale volumes
- Fantastic gross margins promoted by direct B2B international imports.
- Strong & loyal customer base
- Diverse range of groceries, essentials & products
- Secure lease in place until 2032 with further right of renewals available on request, providing stability
- High-traffic location ideal for attracting new customers
- Huge potential to introduce meat, fresh produce, other ethinc groceries, halal certified foods and more!
- FY2025 Sales - $1,575,000
Currently owner-operated with support from a small, efficient team. Ideal for a couple/individual or someone with the passion to capitalise growth by tapping into the untapped opportunities.
With significant developments underway in the surrounding suburb, there is considerable growth potential to expand product offerings, reach new customers, and enhance the store’s reputation as a cornerstone of the community.
Ultimately, this is a rare chance to capitalise on a high-traffic location and elevate a well-loved grocery store to the next level!
ASKING PRICE: PRICE ON APPLICATION
Opportunities this attractive don't last long.
Or Call the Exclusive Listing Agents:
Ron Vazirani | 021 294 2978 | ron.vazirani@linkbusiness.co.nz
Anil Vazirani | 021 0277 8149 | anil.vazirani@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.