Overview

  • Food/Beverage/Hospitality
  • Property Type

Description

A well-established Indian grocery shop business is for sale. All the systems and procedures are in place. Easy to run business. Take this business to the next level. Regular and walk-in customers. The business has the potential to Recently, Agha Juice and an Indian restaurant have joined the vibrant neighborhood. Just next door, a bulk medical center is under construction and set to open soon. There’s a temple right behind the shop, and every Sunday, 150–200 people gather for prayer and dinner. The temple is not just a place of worship; it’s a hub of community celebrations and festivals.

During these festive times, anticipate a surge in foot traffic, with over 1000 people expected to attend these events. Moreover, the temple has acquired additional land for expansion, a testament to its growing influence in the community.

As part of the business commitment to community engagement, the business actively sponsors events in the area.

Business Highlights:

  • A well-established Indian grocery shop.
  • All the systems and procedures are in place.
  • Database of regular customers.
  • Gross average weekly sales: $6,000
  • The weekly rent is approx. $770 plus GST.
  • Lease till December 31, 2027 (lease commenced 1/1/2022 for three years, plus further option for three years).
  • Security deposit equals three months of rent.
  • Average stock level: approx. $40,000
  • Shop size is approx. 115 sq m.

The following chattels/equipment are fully owned by the vendor and included in the business price:

  • 3 x dbl door display freezer
  • 2 x chest freezers
  • 2 x dbl door display fridge
  • 2 x warmer with display
  • 1 x ice cream freezer (paid deposit, desi kothi)
  • 1 x sweet refrigerator counter
  • 1 x weight scale
  • 1 x grinder machine
  • 1 x POS and software paid out right: no ongoing cost
  • 4x CCTV camera with screen
  • 16 x shelves
  • 2 x tables
  • 3 x chairs

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