$388K + Stocks

Exceptional Asian Supermarket for sale in Maroubra - A Prime Investment Opportunity

Summary:
Seize the chance to own a long-standing, profitable Asian supermarket in the affluent Eastern Suburbs of Sydney. Operating successfully for 17 years within a popular shopping mall, this business presents an extraordinary opportunity, suitable for new migrant investors, to step into a well-established venture with robust growth potential.

Key Features:
* Prime Location: Nestled in a high-traffic area within a bustling shopping mall known for its affluent demographic.
* Loyal Customer Base: A solid reputation built over 17 years ensures a steady flow of repeat customers.
* Diverse Product Range: Stocks a wide array of Asian groceries, household essentials, and fresh produce, meeting the varied needs of its clientele.
* High Turnover: Attractive profit margins of 30-38% due to the consistent demand in the community.
* Experienced Team: A knowledgeable staff, with longstanding members, ready to assist the new owner.
* No Prior Experience Needed: Full training and support provided, ensuring a smooth handover.
* Visa Suitability: Qualifies for 188a visa requirements, making it ideal for investors seeking profitable migration opportunities.
* Turnkey Operation: Fully equipped 201 sqm retail space with an additional 20 sqm of storage.

Potentials:
* Growth Opportunities: Potential to expand product lines and implement online sales channels to increase revenue.
* Marketing Expansion: Introducing loyalty programs and targeted marketing campaigns can boost customer retention and attract new shoppers.

Operation Hours:
* Regular: Monday to Sunday: 9 AM - 7 PM
* Extended: Thursday: 9 AM - 8 PM

Lease Details:
7 years Lease till Sep 2025;


Weekly Key Financials:
* Sales Revenue: Approxi. $44,000
* Current Rent: $4,951 per week (GST included)
* Outgoings: $1,238 per week (GST included)

Reason for Sale:
The current owners are looking to retire, providing a fantastic opportunity for a new investor to capitalize on the groundwork laid by this successful business.
For more details and to explore this exceptional investment, please contact Jeffrey Lei at 0405 888 800 for a Non-Disclosure Agreement.

Disclaimer:
The information provided is based on estimates provided by the seller. Prospective buyers are encouraged to perform their own due diligence. All provided figures and information are for illustrative purposes only.