Summary
This is a modern Asian supermarket located in one of Townsville’s busiest shopping centres. Positioned besides Woolworths, the store benefits from exceptional foot traffic and constant visibility.
Location Details
Townsville Shopping Centre, Ross River Road, Aitkenvale QLD 4814
Reason for Sale
Owner is relocating
About the Business
Established in 2022, Lantern Mart is a modern, fully established Asian supermarket located in one of Townsville’s busiest shopping centres. Positioned right beside Woolworths, the store benefits from exceptional foot traffic and constant visibility, ideal for both convenience shoppers and loyal repeat customers.
The supermarket offers a wide variety of authentic Asian groceries, including fresh produce, speciality pantry items, frozen goods, snacks, drinks, and more. With products sourced from multiple Asian countries, the store has become a go-to destination for both international customers and locals seeking new flavours.
A liquor licence allows the sale of alcohol, giving the business an additional high-demand product category.
The sale also includes a sublease to the adjoining Wrap&Roll Vietnamese restaurant, providing a valuable secondary income stream. Both shop fitouts and equipment (valued at over $500,000) are owned outright by the seller and included in the sale.
Lantern Mart is fully managed, with the owner living away from Townsville and only dedicating around 10 hours per week to admin and payroll. This is an attractive, low-touch investment or lifestyle-friendly opportunity. The team structure consists of a full-time manager, 2 part time staff and a casual.
Key Highlights
* Prime location beside Woolworths in Townsville’s premier shopping centre
* Profitable business opportunity
* Established in 2022 with strong customer traffic
* Liquor licence will be transferred
* Fully managed business – minimal owner involvement
* Secondary income stream from Wrap&Roll sublease
* Fitout & equipment for both businesses included
* Growing demand for Asian groceries across the region
* Excellent opportunity for a hands-off investor or hands-on operator looking to grow
* Full training provided
Business Price
Lantern Mart is being sold for $250,000 plus stock at valuation (estimated at $90,000 - 100,000) .
Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.
Business Broker
Susan Butler – 0419 905 463
[email protected]
www.beyond2000.com.au
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