Broadbeach, Queensland 4218
$375,000
Key Features
AI generated. Contact seller to confirm.
- 368sqm supermarket serving retail and wholesale customers
- Extensive Asian groceries, fresh produce, frozen foods and specialty products
- Prime position within a thriving Asian community
- New commercial freezer and refrigeration equipment
- 2024 Toyota HiAce valued around $65,000 included
- Established customer base and active online presence
- Turnover: $Approx. $30,000 per week; reaching the high $40,000s
- Net Profit: $Approx. $189,000 adjusted annual owner benefit/SDE
- Rent/Lease: Lease secured to 2028
- Stock Value: Approx. $50,000
- Established: Long-established
Business Details
Business Category Supermarket
Rare opportunity to acquire a long-established, high-turnover Asian supermarket strategically positioned in the hub of a thriving Asian community, benefiting from strong surrounding residential, commercial and visitor traffic.
Operating 7 days and 51 weeks p.a., this substantial 368sqm supermarket offers an extensive range of Asian groceries, fresh produce, frozen foods and specialty products, servicing both retail and wholesale customers.
– Average sales approx. $30,000 per week, reaching the high $40,000s
– Approx. $189,000 adjusted annual owner benefit/SDE
– Lease secured to 2028
– New commercial freezer and refrigeration equipment
– 2024 Toyota HiAce valued around $65,000 included
– Established customer base and active online presence
– Approx. $50,000 stock
A substantial established operation with scale, valuable assets and further growth potential for an energetic new owner. Price includes over $100,000 worth of near-new equipment and vehicle.
Asking Price $375,000 + SAV
Contact Henry Chow XXXXXXXXXX | Amy Wan XXXXXXXXXX
Ref. no. BUY2715
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
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