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DealProspect/Listings/Retail

Indian Specialty Grocery Store, Northern Beaches

Convenience Store

ActiveRetailNew South WalesB2C
Asking price
$240,000+
Disclosed · AUD
Revenue
Earnings (est.)
~$212,164
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~1.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Indian grocery store established 2011 with strong customer base
  • Located on the main street of the Town Centre
  • Long lease until 2026 with an option to renew for a further 5 years
  • Stocked with spices, lentils, rice, snacks, frozen foods and fresh produce
  • Sourced from suppliers locally and overseas
  • Includes chest freezers, fridges, POS systems and monitors
  • Online delivery system and e-commerce website in place
  • Toilets and separate storage room on premises
  • Training and support provided for a smooth transition
  • Growth potential through local partnerships, catering and delivery