Premium Fully stocked Indian Grocery store

Campsie NSW
Asking Price $250,000
About
Listing Agent  : Sydney. Call office linexxxxx .

Grocery store for Sale Located South West of Sydney CBD

Established in 2010 currently owner operated, this Fully Stocked and equipped Indian grocery store with best prices in town., with own warehouse of 50+ SQM within the Store building. Currently stocking all types of groceries for both wholesale and retail. Prime location. Large retail customers from India, Nepal, Pakistan, Bangladesh and Sri Lankan community.

Features :-
- Online Store.
- Heavy duty racks, 6 freezer, 6 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 : 20,000 PW +/-
Rent : 5880 per Month ( Incl Rent and Outgoings)
Lease : 9 years. ( 3+3+3. Commenced in 2023)
Current stock Around $80,000 to be finalised on settlement.
Asking Price : Goodwill $250,000/- + Stock.
Profit Net to owners $ 8500 /month.
2 weeks trial against deposit.

Staff : Casual : -
Stockist : 4 hours / 4 days
Counter Sales girl: 8hrs / 2 days.

Last 4 Months Net profit $80,000 / as per audited books.

Parking : Shop Owners parking at back with large yard.

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 onxxxxx 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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Ref Num: eagle_1354261
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