Prime Asian Supermarket in Wentworth Point - High Turnover & Profit

FOR SALE: Prime Asian Supermarket in Wentworth Point - High Turnover & Profit

An exceptional opportunity to acquire a thriving, well-established Asian supermarket in the heart of Marina Square, Wentworth Point.

This popular Asian supermarket is a cornerstone of the local community, boasting a loyal customer base and a prime location within a bustling shopping centre. With an impressive annual turnover of over $4.1 million and a significant net profit, this business represents a fantastic investment for a savvy operator.

Revenue
$80,000 pw (approx.).

Rent
$14,664 pw (inc. Outgoings & GST)

Lease
Long-term lease available. Details available on NDA Signed.

Hours
Open 7 days a week (9am - 8pm). Potential to extend hours subject to centre approval.

Employees
The business is fully staffed. A detailed roster can be provided to serious buyers.

Business Highlights
•Prime Location: Situated in the high-traffic Marina Square shopping centre, ensuring consistent footfall from the dense residential population and surrounding areas.

•Large Premises: Occupies a large and prominent retail space, providing ample space for a wide and diverse product range.

•Strong Financial Performance: Demonstrates consistent high turnover and profitability. Detailed financial records are available for serious buyers.

•Established & Reputable: With over two years of successful trading history, the business has built a strong reputation and a loyal customer following.

•Diverse Product Range: Offers an extensive selection of Asian groceries, fresh produce, frozen foods, beverages, snacks, homewares, and specialty items, catering to a broad and diverse customer base.

•Turnkey Operation: This is a fully operational business, ready for a new owner to step in and continue its success from day one. The sale includes all fixtures, fittings, and equipment.

About the Business
The supermarket has firmly established itself as the go-to destination for Asian groceries in Wentworth Point and the surrounding suburbs. The supermarket is renowned for its comprehensive product range, competitive pricing, and commitment to quality. The business occupies a significant and highly visible retail footprint, allowing for an extensive and well-organized display of goods that enhances the customer shopping experience.

Potential for Growth
While already highly successful, there are several avenues for a new owner to drive further growth:

•Introduce a customer loyalty program to further enhance customer retention and increase average spend.

•Develop and expand the online presence with a dedicated e-commerce platform to offer local delivery services.

•Increase marketing and promotional activities to attract new customers from the rapidly growing residential population in the area.

•Expand the product range to include more fresh and hot food options to capture a larger share of the local food market.

Reason for Sale
The current owners are looking to pursue other business interests, creating this rare opportunity for a new owner to acquire a premier retail business.

This is a rare opportunity to purchase a highly profitable and well-managed supermarket in a premium Sydney location. A full business profile is available upon signing a confidentiality agreement.

To receive a comprehensive information memorandum, please email the broker for an NDA form or contact: Jeffrey Lei via 0405 888 800

【Disclaimer:】 The information contained in this advertisement is provided by the vendor and is believed to be accurate, but prospective buyers should make their own inquiries and obtain professional advice before proceeding.