Cannington, Western Australia 6107
$250,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Established fresh produce and grocery market in residential Queens Park
- Existing local customer base with regular everyday demand
- Kitchen infrastructure supports potential lunch bar or takeaway operation
- Large walk-in cool room provides substantial storage capacity
- Potential expansion into catering, hot food and additional grocery lines
- Long-term lease options provide security until 2039
- Turnover: $Approximately $1,000,000 per annum
- Rent/Lease: Rent and outgoings combined at less than $1,750 per week; lease options extending until 2039
- Established: Well-established; no specific operating duration stated
Business Details
Business Category Butcher and Deli General Retail Supermarket Takeaway
An excellent opportunity to acquire a well-established fresh produce and grocery market located in the heart of Queens Park, surrounded by a strong residential community.
With annual sales of approximately $1,000,000 recorded on the books, this business offers an attractive opportunity for an owner-operator or family looking to take over an established business with significant growth potential.
Positioned in the centre of a residential neighbourhood, the business benefits from convenient access for local residents purchasing their everyday fresh produce and grocery essentials.
Business Highlights
- High Annual Sales: Approximately $1,000,000 per annum;
- Long & Secure Lease: Lease options extending until 2039
- Affordable Occupancy Costs: Rent and outgoings combined at less than $1,750/week.
- Prime Community Location: surrounded by established residential neighbourhoods.
- Established Customer Base: Serving local residents with regular demand
- Lunch Bar Potential: Equipped with exhaust fans, kitchen equipment, display fridges and pie warmers, offering an excellent opportunity to introduce a lunch bar, takeaway food.
- Large Walk-In Cool Room: Excellent storage capacity to support the future business expansion.
Multiple Income Opportunities: Potential to expand into takeaway meals, sandwiches, hot food, catering and additional grocery product lines.
Huge Potential to Expand!
One of the standout features of this business is its existing kitchen infrastructure, including exhaust fans, commercial kitchen equipment, refrigerated display units and pie warmers.
A motivated new owner could take advantage of these facilities to develop a lunch bar or takeaway food operation, creating an additional revenue stream alongside the established fresh produce and grocery business, subject to relevant approvals.
The large walk-in cool room provides excellent storage capacity, opening up further opportunities for bulk purchasing, expanded product ranges and potential wholesale operations.
A Rare Opportunity with Long-Term Security!
With approximately $1 million in annual sales, occupancy costs below $1,750 per week and lease options until 2039, this business presents an attractive combination of established turnover, affordable overheads and long-term security.
The existing kitchen facilities and substantial cold storage capacity offer exciting opportunities for a new owner to take the business to the next level.
Contact Bowen - Your Perth Business Broker for more information.
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