Summary
Popular Asian grocer in busy Bundoora shopping centre near two universities. Loyal local customers, friendly community atmosphere and free 3 hour parking for shoppers.
Revenue
$7,000 pw
Rent
$8,269 pw
Expenses
$3,000 pw
Net Profit
$500 pw
Location Details
1-3 janefield drive
Located in shopping centre next to Priceline
Potential
A lot of potential
The centre advertises on their facebook time to time. They allow you to advertise and open up socials for business.
With group orders, they generate you more income.
Skills
No skills needed just only communication adaptability
Hours
Monday to Sunday: 9am - 7pm
Employees
1
Reason for Sale
Just wants to get rid of the business and have more time with children
About the Business
Established Asian grocer located in a busy shopping centre in Bundoora, positioned near two major universities and surrounded by a growing residential community. The business has built a loyal customer base made up of students, local families, and regular returning shoppers who enjoy the friendly and welcoming atmosphere of the store. With the shopping centre offering the first three hours of free parking, customers are provided with convenient and easy access, encouraging repeat visits and strong foot traffic throughout the week.
The store offers a wide range of Asian grocery products including snacks, instant noodles, frozen goods, sauces, beverages, pantry essentials, and everyday household items. The business is fully fitted and operating, making it a great opportunity for an owner operator, family business, or investor looking to step into an established business with existing customers and supplier connections already in place.
One of the key strengths of the business is its location. Being situated close to two universities brings consistent exposure to both domestic and international students seeking convenient and affordable grocery options. The surrounding shopping centre also attracts steady daily traffic from nearby residents and shoppers visiting neighbouring retailers and food outlets. The combination of university traffic, residential growth, and shopping centre exposure creates strong long term potential for the business.
The store is known by locals for its friendly service and welcoming environment. Many customers return regularly not only for the products offered but also for the personal customer service and community feel of the business. This has helped establish trust and loyalty within the local area.
There is also room for future growth and expansion. A new owner may choose to expand product ranges, introduce online ordering or delivery services, increase marketing through social media platforms, or add specialty items targeting the large student and multicultural community nearby. The business presents an excellent opportunity for someone passionate about retail, food, and customer service.
This is a fantastic opportunity to acquire an established Asian grocer in a strong location with loyal customers, convenient parking, and excellent exposure in one of Bundoora’s busy shopping centres.
History
Has been an asian grocer for 10 years, recently sold for 6 months already but they want to sell.
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