Location:
Wantirna South 3152 > Melbourne - Greater > Victoria
Investment level:
$249,000 + SAV
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores > Grocery
(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...
(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
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