About the Business

An under management & profitable supermarket nested in an outstanding location situated on a busy main road with high visibility and foot traffic. This supermarket was established long time and has been the "must go" destination for all the local residents.

This business has Golden Casket (LOTTO) which generates close to $50,000 pa. in commission. The premise is located in a small, single level, neighbourhood outdoor shopping complex which is surrounded by plenty of carparks.

This business has been there for long time and present owner took over in 2022. The business is continuing to be a consistent performer for the owner who is supported by a full time manager and a team of dedicated and experienced staff. It is an independent supermarket and grocery store serving the local communities and supporting the grassroots charities and local community groups from the local areas. With such a sizeable store, the rent is reasonably cheap at around $1,800 per week (inclusive GST & O/G) with a very friendly and supportive landlord.

Averaged income per week is averaged at $17,000 including cash and after payment the costs of goods, rent, wages and misc. expenses, the owner has a remunerative passive income of close to $220,000 pa. The owner is reluctantly to offload but due to overseas relocation. He is committed to offer a smoothest handover and a post settlement tuition for the buyer.

This business is awaiting the next up and coming retailer ready to take it to the next level or continue as is under management. It is also perfectly suitable for 188A visa applicants or any husband/wife team with motivation to make money.