Summary
Good Location Cheap rent long history 13 years Short trading hours Monday to Saturday, 9:30am to 5:30pm, Sunday close Net profit around $100,000 can do 491 visa asking price $180,000 WIWO
Revenue
$780,000 pa
Net Profit
$110,000 pa
Location Details
It is situated along a main street in a busy fast growing suburb
Potential
Extend longer trading hours
add more varieties of groceries and food
Skills
customer service
business skills
people's skills
Hours
Monday to Saturday 9:30am to 5:30pm; Sunday close
Lease
Lease expiry 2025 + 3 years options
Employees
2
Reason for Sale
Retirement
About the Business
The Asian grocery and takeaway is situated in a great location in Gold Coast. The business is perfect for 491 and 188 visa applicants.
The store has been very popular in the local community for 13 years.
– The store provides Asian groceries, courier delivery and international money transfer.
– The business has a great potential such as more varieties of groceries, café
– The business trades 52 weeks and 6 days a week, Monday to Saturday from 9:30am to 5:30pm; Sunday close
– The shop has a good size of 141 square meters with a cheap rent only $4004 a month inclusive GST no outgoing
– The lease expiry in 2025 with a three years option
– Average weekly sales is around $15,000.00
– the business employs one full time and one part time staff with owner works only 20 hours a week
- The current owner rented the commercial kitchen to people at $500 a week, a year income from rent the commercial kitchen is $26,000
– The yearly adjusted net profit is around $100,000.00 +
Listing price $180,000.00 inclusive stock (selling for its long-term goodwill, cheap rent with a good location and a great potential.
History
13 years
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