Highly Profitable Supermarket in Busy Hills Shopping Centre

Castle Hill NSW
Asking Price $249,000
About

Are you Looking for a highly profitable Deli & Supermarket Retail Store? Look no further, this premium Castle Hills shop may be perfect for you Very easy shop to run, manage & work in.

 

Revenue
$18,000 pw

Rent
$2,700 pw

Expenses
$14,000 pw

Net Profit
$4,000 pw

Potential
This business has potential to grow aditional profit with the following add ons;
- Add Barista Coffee Machine for Cafe Upgrade
- Home Delivery Service
- e-commerce Shopping Cart app
- Approval from Shopping Centre for Halal Butcher (space physically to add)
- Liquor Sales
- Door Dash, Menulog, Uber Eats Aggregator Sales
- Additional Marketing & Promotions in local area & grow engagement with online presence

Skills
No Qualifications or Skills required to run, manage, operate or work in the store. Training will be provided at handover.

Hours
Friday to Wednesday 9am to 6pm.
Thursday 9am to 8pm.

Lease
3 Years Remaining on lease with 5 Year option (total 8 Years remaining).

Employees
2 Employees. 1 Manager/Owner.

Reason for Sale
During Covid I had to diversify & now am a Wholesaler with vastly growing demands making it difficult to balance the 2 growing businessess simultaneously while juggling demands with a young family.

About the Business
A Fantastic Mediterranean & Persian Gourmet Deli & Supermarket in the heart of Castle Hill.

Amazingly unique and well sought after variety of products, ranging from Saffron to Bulgarian Goat's Cheese, Crotian Waffers, Zataar Seasoning, Italian Biscuti, Greek Dolmades, Persian Olive Oil, Tea from everywhere, Turkish Coffee, Persian Infused tea leaves and much much more, Over 200 Fanatstic items on the shelves. Fresh Bread, Nuts, Deli, Sweets & much more are on offer.

The Shop is 171 Square metres, Very nice, almost new fitout, very upmarket style Deli.

Clients are about;
30% Persian
25% Euro
25% Chinese/Indian
20% Other

The Shop is very clean and we operate it mostly as Owner/Manager with limited employees. Our team have great customer service skills and a passion for our variety of products. The stock is of high value and our goods are not priced for those looking for a bargain. We have top-shelf products and fantastic customer service and ambience to match.

We are lucky in having a fantastic location in a high foot traffic boutique shopping centre with free parking available on site and easy to access train station nearby.

Our clientele is mixed with lots of regulars and new customers frequently. This is a a growing business, and now with Covid Restritions well and truly behind us we are seeing a fantastic mix of new and regular customers frequenting the store more and more of late. So my wife and I thought it's best to sell now so the new buyers can add their value also and make it even more successful than it already is.

History
Treating myself after a hard days work on a job site with some gourmet Persian & Euro snacks was my favourite past time. Now I get to own a shop selling the best quality foods for my equally passionate customers.

Our success is attributed to 5 simple things:
1. Our "particular" Selection of Products
2. The Foot traffic via shopping centre & handy carpark/location
3. The Fit-Out
4. Friendly Staff/customer service.
5. Our Name (draws all ethnicities in).

The business is still in it's Growth Stage and great Profit for owner.

Contact this seller
Client No: W353016104 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.
Contact this seller
Client No: W353016104 Seller prefers initial contact via email Private sale, no contact by agents or marketers please.

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