(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 Galaxy Business Agency