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Listing ID: 2618172

Supermarket Where Owner Bought 5 Properties With The Profit! For Sale

Midland, Perth, Western Australia, Australia

AU$ 389,000

(Furniture / Fixtures included)

Revenue: AU$ 1,700,000

Cash Flow: AU$ 0 to 100k

Business Description

Owner bought 5 acre house, 3 commercial properties, and 1 petrol station with the profit of this shop.

Property address: 14 Stirling Crescent Hazelmere, 24 The Crescent Midland....owner Tai Dinh Nguyen.

10 year Asian Supermarket/ Fruit and Vegetable Retail and Wholesale business for sale.

Newly renovated two years ago.

Highlights:
- Sales turnover over $1.7 million per annum
- Net profit to owner $250,000 per annum
- Fixed weekly wholesale orders and stable wholesale business. We hold the keys to our wholesale customer's shop!!!
- Large customer base 11000 customers per month
- Located in Midland, WA. One entrance faces Midland train and bus station and another entrance faces the shopping mall
- All staff are well trained and worked in the business over three years
- Lease until 2022 with a 10 years option

Sale price include plant and equipment worth $350,000.
1. 15 meter full height fridge display (no door)
2. two door full height fridge
3. 8.5 meter freezer
4. freezer with three door
5. freezer with two door
6. alarm system and 16 channel surveillance system CCTV with two HD TV
7. three cashier counter with fully equipped point of sale system (printer, scale, two screen, laser barcode scanner)
8. master point of sale system at the office (4 computers all together)
9. 50 square meter massive cool room serves as a warehouse for the wholesale business.
10. two forklifts
11. a van

Property Details

Size:

4000 Square Feet

Years Established:

10

Property Type:

Lease

Other Details

Business Location:

One entrance facing Midland Bus and Train Station One entrance facing shopping centre

Competition:

Only Asian Grocery in Midland Area with 15 km radius

Operation Details

Employees:

6

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