High-turnover Foodmarket – Strong Weekly Sales – Big Lotto Income – Low Overheads – With Accomm.
| Asking Price: | $1,675,000 |
| Location: | Waikato |
| Weekly Sales: | $70,000+ Per Week Plus |
| Lotto Sales: | $15,000 Per Week |
| Trading Hours: | 7:00am-8:00pm (Monday to Sunday) |
This is a long-established foodmarket that has operated successfully under successive owners for many many years. Positioned on a busy main road, the business benefits from a strong local customer base, high Passing traffic, excellent parking, high weekly turnover and additional customer traffic generated as a Winning Lotto Store.
The large, well-presented premises provide approximately 400 sqm of retail space while maintaining very competitive rent and overheads. The business is currently operated by two working owner with staff support as required.
Key Highlights
- Greater than $70,000 in weekly store sales
- Approximately $15,000 in weekly Lotto sales
- Walk in to existing Excellent Profits
- Low rent of $42,000 pa. 875 per week
- Large premises of approximately 400 sqm
- Busy main road position
- Strong and established local clientele
- Long-established business
- Seven-day trading
- Two working owner plus staff
- Well-presented retail premises
- Accommodation Attached
- Strong potential for further growth
Growth Opportunities
A new owner could explore several opportunities to develop the business further, including:
- Introducing a broader hot food-to-go range
- Extending the current trading hours
- Expanding the grocery and convenience offering
- Developing additional high-margin product categories Image is for illustrative purposes only and is not a photograph of the actual business or premises.