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390 East Street, Ashburton

Price by Negotiation

  • Property IDASH37960
  • Property TypeRetail Food
  • PricePrice by Negotiation Plus GST (if any)

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"High Turnover" supermarket with a targeted and very well supported local market with a long-term lease in place.
The Bel Air supermarket is a well-established, family-owned and operated business that has supplied the Ashburton area with all Indian, Pacifica and Asian food types for approximately the last 8 years.

This niche business model, situated on one of Ashburton's busiest streets, has the market cornered in supplying all the types of cuisine traditional supermarkets have very limited stocks of. With an extremely strong profit margin and plenty of upside to expand, the Bel Air supermarket has the option to be run as an owner operator style set up or appointing a manager as an overseer. The Bel Air has ample on street parking with the first hour free.

This business was established in approximately 2017 and operated out of smaller premises, then in 2022 it relocated to much larger premises to accommodate the growing demand for their unique produce. Ever since the relocation the business has not looked back, with continued strong support for the local growing community or approximately 20,000 people.

What makes the Bel Air supermarket so attractive? It is Ashburton's only supplier of such a wide range of authentic produce on a large scale. You would have to travel into Christchurch to find anything that is remotely comparable to this business. The Bel Air supermarket is extremely well supported within the Ashburton hub giving everyone a more cost effective and wide variety of choices when shopping.

All offers considered, contact Jeff today for a viewing.
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Jeff Donaldson

Jeff Donaldson

Rural & Lifestyle Sales Consultant

Peter Wilson

Peter Wilson

Licensed Agent /Auctioneer AREINZ

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