Price Cut For Sale, Prime Location With Loyal Clientele Established Asian Supermarket

Business For Sale Knoxfield, Victoria 3180

Business Category Fruit Shop Supermarket

$339,000 + SAV

Description

Price Cut For Sale, Prime Location With Loyal Clientele Established Asian Supermarket

(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 cuts the price for sale $339,000, 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 XXXXXXXXXX for more information and arrange for an inspection.

Roger Zhao
Specialist Business Broker
Galaxy Business Agency

M: XXXXXXXXXX
E: XXXXXXXXXX
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
Contact Seller

Bsale ID: 648215
Broker REF: 22626

Business Brokers Network Australia
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