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Food, Beverage & Hospitality business for sale in Balga

  • Food, Beverage & Hospitality
  • Balga WA 6061
  • $229,000 + SAV

Grocery- Confectionery- Takeaway Business For Sale - Premium Location - High Demand Essentials - Weekly Takings of $26,000 - Only $229,000 + SAV

Want to own a successful business that is highly sought-after among the customers? Here is a fantastic opportunity to acquire a leading grocery/confectionery/takeaway food business located in a popular shopping centre. The demand for essential items is always high and it is one of few the businesses which enjoyed a stable turnover during the COVID-19 lockdown. Established for over twenty long years, it is a reputable and thriving venture that is now being sold at a reduced price of only $229,000 plus stock.

The shop is perfectly located in the supremely busy shopping plaza of Balga, Western Australia. Not too far from the Perth CBD, the centre is thronged by locals in the suburbs. The residential population in the surroundings which has been steadily growing over the years has contributed to the success of this business.The shop is open all 7 days of the week (5:30 am to 05:00 pm Mon-Fri, 7:00 am to 5:00 pm Sat-Sun).

The business stocks a wide range of products which have made it the go-to place of the locals in Balga. It comes with spacious interiors and all the fixtures and amenities. There are two well-trained staff members who take care of the operations. With low overheads and a monthly rent of only $3,250, it has been generating terrific margins and an exceptional weekly income of $26,000.

This business is also eligible for overseas buyers who want to purchase for the purpose of obtaining permanent residency (please consult with your migration agent).

Features of the business:

  • Long established grocery/confectionery/takeaway food shop

  • Positioned in a shopping centre in Balga, WA with a huge customer base

  • Spacious shop with a wide variety of products for sale

  • Excellent turnover of minimum $26,000 per week and low outgoings

  • Rent: $3,250 per month (GST incl.)

  • Outgoing: $3,600 per quarter

  • Long-term lease

  • Fantastic return on investment.

This is a brilliant opportunity to enter the booming food business which is not affected by recession. With an excellent turnover and a massive customer base, this business is a rewarding venture which will be off the market soon. For a confidential discussion, call the number above TODAY!

Business Highlights

Business ID2016341326
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Last updated  30 Jun 2020
Map for Balga WA 6061
Map for Balga WA 6061Balga WA 6061
Suite 522, 12b Anzac Sq Arcade 198 Adelaide St Brisbane City QLD 4000