This is very well-respected retail business with a history of around 20 years and the current owners have been there almost that long!
This is a large place of around 400m2 that sells all kinds of products, from the Indian subcontinent as well as items from further afield. The premises has been recently refurbished and there is plenty of on-site parking, a separate loading area and heaps of storage.
The business is in a prime location and enjoys a huge customer base. It has over 2,000 people on its database and also provides wholesale to a number of restaurants, schools, and religious organisations.
The business runs very efficiently and even the rent is attractive at around5% of current sales!This is a simple business to operate with great systems in place. This is an owner operated store with 1 full time staff.
BUSINESS HIGHLIGHTS
* Strong history with current owners there for 18 years
* Fantastic Reputation
* Wide customer base (including some wholesale)
* Strong lease
* Fantastic premises in a prime location
* Strong sales with high margins
* Substantial surplus to a working owner.
This is a rare opportunity to buy a highly successful retail business that has a cult following and has proven results. There is growth opportunity here too with the ability to offer a wider product range.
Do not miss out on this one. Call me today!Asking $795,000 plus stock(circa $200,000)
Mahendra Velankar, 022 657 4179,[email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business
#food #hospitality #buyabusiness
Ref: EL04332
Timestamp: 20240930011502
