Cash is King Asian Supermarket at Busy Junction

Sold - Gold Coast QLD

Short Summary

This supermarket makes money week after week without trying!

Key Selling Points

• Recession proof
• Low Rent, long lease
• Simplistic business
• No Direct Competition
• High foot traffic location
• Hold liquor License & Food license
• Suitable for Immigration Visa 188A & 491 applicant 
• Well established equipment and free pos system forever

Potential strength

Improve Marketing: 

Take advantage of social media like Facebook, Tiktok, etc to promote. Currently don’t have any account. Network with surrounding schools. 

One of the busiest intersections on the Gold Coast and anchored by major brands and 6 schools. 

200m2, with separate cool room and office

Lease until 2028 with 3+3 option, 2.5% increase

Weekly sale around $18,000, rent $1,281/w + GST includes water, marketing, outgoing. 

High quality equipments – storage, surveillance system, bubble tea making, air conditioning etc. 

License to sell liquor and make beverages. 

Can show Net Profit $146,170pa to working Owner.

Price Reduced for a quick sale $158,000 plus stock $140k

Price includes $150k worth of Equipment

For Sale by Owner

Yue  yuyue005@hotmail.com
0433267466

Ref. no. BUY2360

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.