Summary
Well established Asian Grocery & Takeaway Kitchen in a Prime Location Fully Licensed & Equipped Multiple streams Of Secured Income Genuine Offers considered with stock $95K or without stock $58K
Location Details
Located in the heart of the busy area of the town
Very Prime Location with private car parking - in metres from McDonalds, KFC, Subway, 24*7 Apco Service Station and Opposite Kmart, Coles & Hungry Jacks
Large Premises + backyard With a Storage Shed
Potential
Multiple sources of Income from one location- Grocery, Takeaway, Recycling Container Depo, Bitcoin ATM plus room for expansion and addition.
Big premises with Fully Licensed Class 2 Kitchen which can be used as a Restaurant/ Cafe/ Takeaway
Prime Location for Barista Cafe. All arrangements have been made including infrastructure and electrical connections for a new coffee machine to be installed which can generate additional revenue between $10K - $20K a month.
Skills
Basic Business Management skills and experience will be sufficient to run the operations successfully.
Hours
Current Business Hours are Mon to Saturday - 10:30am to 6:30pm
Lease
Current Lease is for 5 years and can be extended.
Employees
One Fulltime and one part-time/casual employee.
Reason for Sale
Moving Interstate to Queensland
About the Business
One and Only Indian Asian Grocery Store in Wangaratta.
A well-established Grocery Supermarket and Takeaway Kitchen located in the prime business area of Wangaratta. Surrounded with all major Fast Food Chains and opposite Kmart & Coles. It has a Brand New Set up with Fully Licensed and Equipped Kitchen.
New Equipment installed includes Deep Fryer, Gas Stoves, Oven, Grease Trap, Tea Veding Machine, 5 Tray Bain-Marie, Refrigerated Display Fridges and Freezers, Steel Benches, Ice-Cream Freezer, etc.
This business has become a trusted destination for its customers living locally and surrounding towns. Also, reputedly listed with Menulog.
Its an attractive investment with multiple sources of secured income and reasonable rent and outgoings easily covered.
With Rapidly Growing Indian Asian population, it has a lot of room for expansion for any potential buyer.
History
This business came into existence during COVID Lockdown in the year 2021. It started with Grocery business and outgrown to multiple streams of income with the ongoing support and demand by the locals.
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