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Huge Potential Asian Grocery Convenience Store Near University For Sale

Victoria, Australia
Asking Price:
$149,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
$100K - $250K (AUD)
  • Same owner for approximately 3 years. Large premises of approximately 200 sqm. Two adjoining shops combined into one.
  • Located beneath a student apartment building, directly beside a large university campus.
  • Private customer car parking in front of the shop.
  • Easytooperate business, mainly selling packaged groceries and convenience products. Liquor licence included. No tobacco sales
  • More than 7 years remaining on the lease. Reasonable rent of approximately $1,429 + GST per week.
  • The business has substantial potential for an energetic owneroperator. Opportunities include introducing hot food, readytoeat meals, bento boxes, conveniencestorestyle oden, milk tea and delivery through Uber Eats or similar platforms.
  • The vendor is keen to sell due to family reasons.

Weekly average Takings: $10,000
Asking Price: $149,000 + Stock

Property Information

Real Estate:

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