Reduced Price Friendly Grocer in Lower Northshore

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Key Sale Highlights

most sought-after Lower Northshore Suburb
close to a famous public school
high-level white-collar professionals customers
gross margin and profits is high

Proudly listed by Barton Cha from Sinosmart Business Brokering

Business Overview

Summary

This Grocery business is located in a most sought-after Lower Northshore Suburb. The residents like high-level white-collar professionals with school-aged kids and mature independents here can afford

About the Business

This Grocery business is located in a most sought-after Lower Northshore Suburb. The residents like high-level white-collar professionals with school-aged kids and mature independents here can afford pricy consuming products and pay extra for their quality life, which is essential for grocery business.

It is close to a famous public school and there are more than 15 different kinds of businesses in this community shopping centre.

Annually average weekly sale is around $17000. Due to recent economic downturn, the current weekly sales dropped to $15000+ but the gross margin and profits is high.

Small size grocery business and easy to manage by husband-and-wife team. Excellent location with regular local customer. Huge potential to grow the business via online shopping/delivery & pickup

The owners will go to overseas and must sell ASAP.

Sale Price: $140,000+SAV

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