Summary
Profitable grocery store with fresh produce, strong cashflow, approx. 240 sqm, 22m frontage, landmark-adjacent location, car parks, wholesale to hotels. Confidential sale – NDA required. $220,000 .”
Revenue
$57,000 pm
Rent
$4,791 pm
Net Profit
$6,800 pm
Location Details
amazing location
Potential
Approx. 240 sqm premises
Approx. 22m frontage on busy intersection
Adjacent to a major local landmark
Weekend foot traffic approx. 1,000–3,000 people
Peak periods approx. 4,000+ people
Approx. 40 car parks available on weekends
Hours
Operate everyday. 12 hours a day. Flexible timings.
Lease
2+3+3
Employees
trained staff.
Reason for Sale
relocation and personal family reasons
About the Business
Business Type: South Asian & Latin American Grocery Store + Wholesale Supply
Location Overview:
Approx. 240 sqm premises
Approx. 22m frontage on busy intersection
Adjacent to a major local landmark
Weekend foot traffic approx. 1,000–3,000 people
Peak periods approx. 4,000+ people
Approx. 40 car parks available on weekends
Financial Overview:
Average weekly turnover: ~$15,000
Peak weekly turnover: ~$22,000
Net profit: ~$1,500–$1,800 per week
Gross margin: ~20%
Rent & Lease:
Rent: $4,790 per month incl. outgoings
Lease term: 2 + 3 + 3 years
Rent review: CPI (~1.8%)
Revenue Streams:
South Asian grocery retail
Latin American product range
Fresh produce
Eggs & milk (retail + wholesale)
Approved supplier to Adelaide’s major 5-star hotel chains
On-call wholesale supply
Staffing:
Low staff dependency
Approx. $800 per week wages
Assets & Stock:
Full fit-out, refrigeration, shelving, POS, CCTV
Assets register available
2 freezers on lease
Stock approx. $40,000 (sold at valuation)
Compliance:
Council approved
No compliance or regulatory issues
Reason for Sale: Owner relocating due to family reasons
Handover:
30 days training and transition support included
History
Started last year. All setup done by the owner according to the shop need. Regular local customers.
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