Summary
In operation for over 7 years established business with nearly 2 years left on lease, completely fitted out & stocked, owner unable to continue due to personal reasons
Revenue
$25,000 pm
Rent
$3,152 pm
Expenses
$2,200 pm
Net Profit
$6,000 pm
Location Details
2/36 Old Celeveland Road, Capalaba Qld 4157
High visibility corridor on service road adjacent to Old Cleveland Road - Part of older established commercial complex, ample free parking, lease
Potential
Locateed in area where there has been a high influx of Asian families potential for further growth and development of existing buinsee and scope to diversify
Skills
Operating a till and stock management
Hours
Tuesday to Friday 09:30Am to 07:00PM, 10AM to 04:00PM on weekends
Lease
Current lease expires in June 2027
Employees
1-2 employees to manage
Reason for Sale
Owner has personal health issues and is unable to manage business
About the Business
Only Indian / Asian Grocery in area catering to varied Sri-Lankan, Islander, Indian and local poulation for a number of years wwith steady repeat clientile.
Centrally located across the road from Capalaba Central and Capalaba Park Shopping centres, has been refurbished and update less than 2 years ago, turnkey business fully set up and easy to take over.
Good ROI and steady income
History
Business is in operation for over 7 years current owners have subleased from previous owners and have been operating for nearly 2 years as a family owned business, college commitments and personal health leading to sale .
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