An excellent opportunity to acquire a well-established, premium liquor shop that is currently fully managed with no working owner. The business has an experienced management and staff structure in place, allowing the current owner to remain completely removed from the day-to-day operation.
*Based on the past two years’ financial performance, the average SDE would have been approximately $187,021 per annum if operated by a working owner.
KEY HIGHLIGHTS
Fully managed operation offering opportunity to owner-operator to further improve efficiency and profitability
$30,000+ average weekly turnover incl. GST
Strong gross profit exceeding 23% including scan-back and rebates
Premium, beautifully presented spacious store
Huge growth potential
Established and reputable liquor franchise
Prime location with excellent exposure and accessibility
Strong and diversified customer base
Long trading history and loyal clientele
Secure long-term lease with very cheap rent
Strong mix of spirits, wine, beer, RTDs and craft beer.
With strong existing turnover, high gross profit, an established customer base and multiple identifiable growth opportunities, this represents an exceptional opportunity for an investor or owner-operator seeking a quality liquor business in Otago.
Price $550,000 + stock
Contact Suresh - 021 504 226.
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