Long Established Asian Supermarket in the Eastern Suburbs Price is massive cut for sale.

(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.
*  Potential to expand by adding more Asian fruits, vegetables, and group buying options.

Here are some key financial details:
*  Average weekly turnover: $35,000 - $40,000
*  Weekly rent: $2,058 + GST + outgoing (after sublease)
*  Security long lease
*  Store size: Approximately 450 sqm
*  One working full-time owner plus four full-time employees.
*  The business purchaser is considering adjusting PEBTDA between $170,000 to $210,000.

The vendor sells the business for $450,000, and the stocks are priced between $130,000 and $150,000.

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 xxxxx for more information and arrange for an inspection.

Roger Zhao
Specialist Business Broker
Galaxy Business Agency

M: xxxxx
E: xxxxx
W: xxxxx

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.



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