Price Amended Established Asian Grocery with Loyal Customers

14 days ago

Send an enquiry

By clicking on Send you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.
 

Internal Ref: bus5963

Summary

(P.N.: The displayed suburb may not be the store location due to confidentiality; don't hesitate to get in touch with a broker for verification) Thi...

About the Business

(P.N.: The displayed suburb may not be the store location due to confidentiality; don't hesitate to get in touch with a broker for verification)

This well-established Southeast Asian grocery store has been operating for almost three decades and has earned a strong reputation through hard work. The fruit and vegetable sections have improvement potential, as the demand is local.

Some attractive features of the store include:

• Well-known Asian grocery store with loyal customers.
• Excellent location on a primary road in a local shopping centre.
• With a popular butcher section.
• In front shop, separated from the main store, can be converted into a fruit and vegetable store.

Here are some key financial details:
• Average weekly turnover: $23,000 - $28,000
• Weekly rent: $2,058 + GST + outgoing (after sublease)
• Security long lease
• Store size: Approximately 450 sqm
• Two working full-time owners plus one full-time and two part-time employees.

It is possible to partially convert to a mixed fruit, vegetable, and grocery store, as there is high demand in this shopping strip.

The vendor wants quick sales with family commitments, so the price is reduced to $249,000, plus stock ($80,000 estimated).

This is an excellent opportunity for experienced operators. If you are a genuine buyer, don’t miss this! Please call Roger on 0404 034 777 for more information and to arrange an inspection.

Roger Zhao
Specialist Business Broker

M: 0404 034 777
E: [email protected]
W: businessbusiness.com.au

If you'd like more business information, such as the business address, please agree to and sign a Confidentiality Agreement and contact the broker.

The business images shown are for illustration purposes only and may not accurately represent the business.

Business Category: Food and Hospitality, Retail, Food Outlets

Share this business

More by this Advertiser
It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again

Share this Ad


Cancel

Report this Ad


Cancel

Get email recommendation

Sign up and we'll send business opportunities straight to your inbox.

Please enter a valid email
By clicking on Submit you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.

We have sent an email to .
Click the link in the email to confirm your email and set your preferences.