Established Indian Grocery & Sweets Shop in Ringwood

About the Business

Low Rent, High Profit: Established Indian Grocery & Sweets Shop in Ringwood

Asking Price: $60,000 + SAV | Lease: Long, Secure Lease | Setup: Walk-In Walk-Out (WIWO) Available

Sanjeev from Sharma Brokers proudly presents a rare opportunity to acquire a highly successful, fully equipped Indian grocery and sweets business located in the booming, high-growth hub of Ringwood.
Boasting a prime, high-visibility location with strong foot traffic, this well-established store has built a solid foundation with a loyal local community customer base. Currently operating as a semi-managed business, it is primed for a new owner-operator to step in and drive it to the next level.
Business Highlights
Exceptional Profitability: Generating an estimated net profit of $10,000 per month.
Incredibly Low Rent: Only $838 weekly, including GST and Outgoings, with a long, secure lease in place.
Spacious Premises: 120 sqm store featuring modern fixtures, fittings, and a spacious layout.
Fully Equipped: Includes commercial refrigerators, complete shelving, and a modern POS system.
Growth Potential: Clear avenues for expansion, particularly through the introduction of online delivery platforms.
Who Should Consider This Business?
The current owner is transitioning to focus on other business interests, creating an ideal entry point for a motivated buyer. This highly adaptable business is perfect for:
First-time buyers or families seeking a reliable, easy-to-manage income stream.
Retail professionals ready to transition into business ownership.
Partners or dedicated couples looking for a profitable joint venture.
Investors seeking a semi-managed retail operation with strong foundations.
Next Steps
Don't miss out on this fantastic opportunity in the heart of Ringwood! Whether you want to take a hands-on approach to increase sales or maintain it as a semi-managed investment, this business delivers.
Contact Sanjeev on 0401 752 731 or email [email protected] to discuss this exciting opportunity further.
Note: A Confidentiality Agreement (NDA) and Photo ID are required before arranging a private inspection or releasing detailed financials.
Disclaimer: The information provided has been disclosed by the vendor. Sharma Brokers cannot guarantee its accuracy and is not liable for errors. We strongly recommend that all prospective purchasers conduct thorough due diligence and consult with professional advisors before proceeding. Images used are for illustrative purposes only and may not represent the actual business. Location details are approximate for privacy.