(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. While the business has seen steady revenue growth, there is still room for improvement and development, especially with the growing local Asian population, primarily Chinese.
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.
Here are some key financial details:
Average weekly turnover: $25,000 - $30,000
Weekly rent: $2,058 + GST + outgoing (after sublease)
Security long lease
Store size: Approximately 450 sqm
Two working full-time owners plus Two full-time employees.
The vendor sells the business for $389,000, plus stocks between $110,000 and $120,000.
The Asian grocery industry is booming in Australia. If you are a genuine buyer, don't miss this excellent opportunity! Please get in touch with Roger on 0404 034 777 for more information and arrange for an inspection.
Roger Zhao
Specialist Business Broker
Galaxy Business Agency
M: 0404 034 777
E: roger@galaxybusinessagency.com.au
W: galaxybusinessagency.com.au
Suppose you'd like more business information, such as the business address. In that case, you are requested to agree and sign up for a Confidentiality Agreement, and please get in touch with 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