Business for Sale

Convenience Store & Lunch Bar With Lotto, Templeton, Canterbury

$300,000

Edward Shi Harcourts Christchurch City Commercial

Convenience Store and Lunch Bar with Lotto

Be quick, be your own boss!

This is a rare opportunity to have two businesses under one roof in a prime location in Christchurch.

This store is, very spacious, neat and tidy, located on a main road, being one unit of a retail block complex. There is easy parking for customers at the front of the shop. Currently this business is managed by a couple and only runs 6 days per week, with Sundays off.

- Store owner advises weekly sales over $20,000 plus Lotto
- Long term lease in place with cheap weekly rent
- Good for a working couple or a family to operate
- Increase weekly sales by 7 days, or extend two more hours to 8pm.
- High margin, high profit and low running costs.
- Over 6 figures for annual net profit from P/L statement
- No nearby competition, this is the only local lotto store.
- Superb location with high foot traffic

After 10 years ownership with the current owner, the hard work has been done. Contact Edward Shi now on 027 276 1788 for more information.

Price for sale $359,000 plus GST and stock Property ID: #CIC54355

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Sold Date

  • 06 May, 2021

Property features

  • Property Type: Retail general

Office

Harcourts Christchurch City Commercial

Licensed under REAA 2008

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Est. bond $1920

Business for Sale

Convenience Store & Lunch Bar With Lotto, Templeton, Canterbury

$300,000

Convenience Store and Lunch Bar with Lotto

Be quick, be your own boss!

This is a rare opportunity to have two businesses under one roof in a prime location in Christchurch.

This store is, very spacious, neat and tidy, located on a main road, being one unit of a retail block complex. There is easy parking for customers at the front of the shop. Currently this business is managed by a couple and only runs 6 days per week, with Sundays off.

- Store owner advises weekly sales over $20,000 plus Lotto
- Long term lease in place with cheap weekly rent
- Good for a working couple or a family to operate
- Increase weekly sales by 7 days, or extend two more hours to 8pm.
- High margin, high profit and low running costs.
- Over 6 figures for annual net profit from P/L statement
- No nearby competition, this is the only local lotto store.
- Superb location with high foot traffic

After 10 years ownership with the current owner, the hard work has been done. Contact Edward Shi now on 027 276 1788 for more information.

Price for sale $359,000 plus GST and stock Property ID: #CIC54355

Property Features

  • Property Type: Retail general

Sold Date

  • 06 May, 2021

Edward Shi Harcourts Christchurch City Commercial

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Harcourts Christchurch City Commercial

Office Harcourts Christchurch City Commercial Licensed under REAA 2008

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