Popular Korean Convenience Store & Grocer - Business For Sale, Fairy Meadow

Business For Sale 1/82-84 Princes Highway, Fairy Meadow, New South Wales 2519

Business Category Supermarket

$100,000 + Stock

Description

Popular Korean Convenience Store & Grocer - Business For Sale, Fairy Meadow

Established in 2018, Yun Mart is an independent retailer of South Korean speciality goods. It is currently the only specialty Korean grocer in The Illawarra – holding a strong foothold within the local Asian and wider community.

The business is located in Fairy Meadow's retail hub, with its front facade facing high-traffic Princes Highway. Open 7 days a week, the business is well positioned to attract ongoing trade. Yun Mart has recently partnered with Menulog (Doordash soon to be underway) to encourage sales beyond the suburb.

This simple, streamlined business is an excellent opportunity for first-time entrepreneurs or current retail operators.

Key features:

- Repeat Customer Base
- 2 Korean Background Staff Members
- 100sqm (approx.) Floorspace
- Owner Works 4 Days p/w
- 44% GP Margins (FY24)
- Excellent Street Exposure & Parking
- 2.8K+ Followers Across Instagram & Facebook
- 4.8 Star Google Ratings

With the existing owner looking to re-commence a career in teaching, Yun Mart is ready to see growth with an ambitious new operator.

Contact the region's leading business brokers to request a comprehensive Business Prospectus.

MMJ Business Sales & Acquisitions provides businesses for sale in Sydney, Wollongong, Shellharbour, Kiama, The Shoalhaven, NSW South Coast and The Southern Highlands.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Charlotte Steen

Bsale ID: 652777
Broker REF: 3P15904

MMJ Wollongong
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