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Thriving Indian Grocery and Sweets Store for Sale - Prime Ringwood

Ringwood VIC, ID 287009

Thriving Indian Grocery and Sweets Store for Sale - Prime Ringwood 1
Thriving Indian Grocery and Sweets Store for Sale - Prime Ringwood 1
Asking price:
AUD$80 000
Owner
Private Person

Сontact with me Private Person

Description

Business type: Indian grocery store

Location: Ringwood, Melbourne, Victoria

Operating model: semi-managed

Premises: 120 sqm

Monthly net profit: approximately $10,000

Monthly rent: $2,965

Asking price: $80,000 + SAV

Business overview

Established Indian grocery store located in a high-visibility Ringwood retail location with strong pedestrian traffic and a loyal local customer base.

The business operates under a semi-managed structure, with consistent monthly sales and net profit of approximately $10,000 reported by the seller.

Key features

  • Spacious 120 sqm retail premises
  • Modern fixtures and fittings
  • Refrigerators, shelving and POS systems included
  • Affordable monthly rent of $2,965
  • Long-term lease in place
  • Established customer base and repeat trade
  • Semi-managed operating model

Growth opportunities

  • Introduce online ordering and delivery
  • Increase sales through greater owner involvement
  • Expand local marketing and customer engagement

Sale

Asking price: $80,000 plus stock at valuation.

Reason for sale: owner pursuing other business interests.

Suitable for an owner-operator, family business or retail investor.

Details

Real Estate: Lease
Square m2: 120
Asking price: 80 000 aud
Rent (per year): 35 580 aud

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