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Listing Id: 33956 Last Refreshed: 15/03/2025 Total Views: 27 Broker Ref: 22626

Asian Grocery Store for sales - Huge Potential for a Fruit and Vegetable Store

East Area, MelbourneSupermarkets
Asking Price: $260,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

(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.

It is possible to partially convert to a mixed fruit & vegetable and grocery store as high demand in this shopping strip,

The vendor wants quick sales, so the price is reduced to $280,000, including stock and WIWO.

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

M: 0404 034 777
E: roger@galaxybusinessagency.com.au
W: galaxybusinessagency.com.au

If you'd like more business information, such as the business address, please agree to and sign a Confidentiality Agreement and contact 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
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