The store offers a range of fresh and dried Mediterranean and Asian grocery items that sets the business apart from its competitors and attracts a diverse range of customers and in fact it was deliberately opened in a major shopping centre in vicinity of a major supermarket to offer shoppers a diverse range of specialty items that are not always available in a mainstream store and this has proven to be a good move as sales are trending upwards.
The business is in its second year of full trade after its construction and it is showing strong growth trends and the business is now profitable and with a growing base of regular customers and sales trending upwards it is expected to remain so.
This business is fully independent and there are no franchise costs to pay.
The vendor has other business interests and recognises that to grow quickly the business needs an owner operator and so he has taken the reluctant decision to sell this growing business.
My client is open to the idea of somebody buying a stake in the business and him remaining involved on the proviso that that person agrees to work in the business, this would open up the opportunity to an ambitious first time buyer who would otherwise struggle to convince the landlord to assign the lease.
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**Please note that for privacy reasons the listing images used are generic in nature and do not represent the actual business.**
Lease Details
The 10 year lease commenced in July 2021 and runs for 10 years.
Premises Details
The store enjoys 400 square meters and is sectioned between dry goods, fresh fruit and vegetable bays, refrigerated and frozen items as well as a fresh juice bar. There is also provisions for a butchery and fresh meat section that offers Halal meat.
Staff Details
The business is fully staffed and run under management with the owner not taking a day to day role in the business.
Opening Hours
7am – 6pm Saturday to Thursday
7am – 8pm Fridays
Opportunity
The store is relatively young and growth is likely to remain strong as the site develops its identity and attracts new customers. Focussing on Mediterranean and Asian ingredients offers shoppers a strong point of difference to the mainstream offering and can be developed further. The in house juice bar has incredible potential and with advertising could offer a really strong revenue stream.
**Weekly**
$31,576
