Sydney NSW, ID 157824
An opportunity is available to acquire a well-established specialty grocery store located in a major shopping centre in Sydney’s North West growth corridor. Established in 2017, the business services a diverse customer base with a focus on Indian, South Asian, and international grocery products. The store has developed a strong market presence within the local community and benefits from consistent weekly sales and a secure long-term lease. The business operates within a modern retail precinct with steady seven-day foot traffic and has established supplier relationships and trained staff supporting daily operations. Key Investment Highlights: * Annual Turnover: approximately $2,065,000+ * Net Profit: approximately $343,000+ for an owner-operator, or $248,000+ under management * Weekly Sales: approximately $39,700 * Gross Margin: approximately 35.48% * Lease secured until 2030 Business Features: * Established grocery retailer with a 9-year trading history. * Located within a busy shopping centre in Sydney’s North West region. * Servicing a diverse customer base seeking international grocery products. * Systemised operations supported by trained staff and supplier relationships. * Potential to operate under management with limited owner involvement. Potential Growth Opportunities: * Introducing e-commerce and home delivery services. * Implementing digital loyalty programs. * Expanding product categories and higher-margin product lines. Acquisition Costs: * Goodwill: as advertised. * Stock at valuation: approximately $80,000. * Rental bond: approximately $46,000. * Legal costs: at actuals. Further information, including the Information Memorandum and business address, is available to interested parties after signing a confidentiality agreement. Enquire to receive additional details and discuss the opportunity confidentially.
