Premium Fully stocked Indian Grocery store

Westmead NSW
Asking Price $250,000
About
Listing Agent  : Sydney.
***** Under Offer.- / Awaiting Exchange  **** - WE HAVE BUYERS WHO MISSED OUT. CALL US TO SELL YOUR BUSINESS.******

Grocery store for Sale Located in Northmead - Parramatta Area. (Private Sale )

Established in 2014 currently owner operated, this Fully Stocked and equipped Indian grocery store with best prices in town., with own warehouse of 40 SQM within the Store building. Currently stocking all types of groceries for both wholesale and retail. Prime location. Trolley for carriage of purchases from the shop to car. Large retail customers from India, Nepal, Pakistan, Bangladesh and Sri Lankan community.

Features :-
- Online Store.
- Heavy duty racks, freezer, fridge, hot ovens, POS, Eftpos, Grocerry items, Fully automated accounting system in place
- Plenty of car parking, next to major supermarkets.
- Cheap rent, heavy foot traffic location. open till late evening.
- The business has done well during Covid times.

Weekly Sales : 16,000 PW
Rent : 9000 per Month ( Incl Rent and Outgoings)
Current stock Around $120,000 to be finalised on settlement.
Asking Price : Goodwill $130,000/- + Stock.

While the business is reasonably priced, it must be noted that any Indian Grocery Business will have a reasonable investment of $250,000 to $300,000/- . Buyers are adviced to get own finance or funding and have strong retail background experience to be successful in rental application.

All genuine Enquiries are welcome. pls call on xxxxx to sign up a confidentiality agreement and pre purchase interview.

Disclaimer :- The consultant has relied on information provided by the Vendor. The Recipient cannot rely on information provided by the consultant and must verify the provided information through inspection of documents for the purpose of verification of these statements as part of the Recipient’s due diligence process. Stock Picture used where applicable.

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