This well-established and highly reputable grocery store is now available for acquisition. With a strong trading history spanning over 11 years, this business has firmly positioned itself as one of the top four Indian and Asian supermarkets in Christchurch.
Specialising in a wide selection of Indian, Asian, and multicultural grocery products, this business serves a loyal customer base seeking authentic, high-quality ingredients not typically found in mainstream retailers. Known for its diverse product range, strong community ties, and consistent sales performance, it represents a turnkey opportunity for a new owner to build on a solid foundation.
Key Investment Highlights:
• FY2026Sales: $1,611,865(Averaging $31,000 Per Week) - demonstrating consistent revenue and buyer demand
• Low Rent: Approx $4,233.09+ GST + OPEX
• High Gross Profit Margins of 29.5%
• Prime main-road location with high visibility and steady foot traffic
• Loyal and growing customer base within a multicultural community
• Efficient owner-operated model, supported by a 1 Full-Timer and 1 Part-Timer
Significant Upside Opportunities:
• Introduce fresh produce, halal meats, dairy, frozen goods, and other complementary product lines
• Capitalise on the surrounding residential and commercial developments currently underway
• Huge E-Commerce opportunity with online website and back-office systems in place.
This is a rare opportunity to step into a high-performing, community-focused business with a proven track record and clear pathways for growth. Whether you're an experienced operator in the grocery sector or an investor looking to enter a thriving market segment, this business checks all the boxes.
Asking Price: $750,000 + Stock (or by negotiation)