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Prime Dunedin Dairy With Lotto And Accommodation For Sale

Dunedin, Otago, New Zealand
Asking Price:
$497,500 (NZD) Furniture / Fixtures included
Sales Revenue:
$1,400,000 (NZD)
Cash Flow:
$1,400,000 (NZD)

We are thrilled to offer the Musselburgh Food Centre for sale for the first time in 25 years! This well-established and highly profitable business, with an impressive annual turnover exceeding $1.4 million, is the only dairy and lotto outlet in the bustling heart of Dunedin’s Musselburgh/Andersons Bay area.

Positioned on a busy arterial road near Bayfield High School and next to a neighbourhood hairdresser, this location guarantees high visibility and significant foot and vehicle traffic, with the added convenience of easy roadside parking.

Key Features:
• High Turnover: consistently over $1.4 million annually
• Prime Location: strategic positioning in a busy, family-friendly suburb
• Exclusive Offering: the only dairy in the Musselburgh - Andersons Bay area
• Busy Lotto Outlet: extremely popular and high-traffic Lotto sales
• Diverse Product Range: groceries, confectionery, cold drinks, energy drinks, ice creams, milk products, pies, biscuits, breads, smokes, and vapes
• Modern Security: equipped with a modern CCTV system for enhanced security and visibility
• On-site Accommodation: This includes a comfortable two-bedroom living space with a lounge area
• Secure Lease: a reliable lease is in place with regular renewal rights extending to 2036.

The current owner is retiring, presenting a golden opportunity for new owners to inject fresh energy and vision into the business. Ideal for a couple, this venture offers the chance to build on an already successful foundation and enjoy substantial rewards.

Price: $497,500 + SAV (all plus GST if applicable)

Seize this unique opportunity to own a thriving business in a prime location. Contact us today for more details, which will only be provided upon completion of a Confidentiality Agreement.

Property Information

Real Estate:

Lease

Lease Terms:

Regular renewal rights extending to 2036

Leasehold Rent:

28000 (plus GST) per annum

Living Accommodation:

On-site Accommodation includes a comfortable two-bedroom living space with a lounge area.

Location:

This is the only dairy and lotto outlet in the bustling heart of Dunedin’s (New Zealand) Musselburgh/Andersons Bay area.

Positioned on a busy arterial road, near Bayfield High School and next to a neighbourhood hairdresser, this location guarantees high visibility and significant foot and vehicle traffic, with the added convenience of easy roadside parking.

Premises Details:

Secure Lease - reliable lease in place with regular renewal rights extending to 2036

Business Operation

Expansion Potential:

Significant potential to grow the business

Reasons for selling:

Retirement of owner

Trading hours:

Monday - Friday 6:00 am - 7:30 pm
Saturday 7:30 am - 7:30 pm
Sunday 8:00 am - 7:00 pm

Employees:
12

Other Information

Support & training:

The owner will provide reasonable training and support to the incoming purchaser

Website:
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Home based:
This business can be run from home.