Brochures

$350,000 plus stock at value

Attention: 188a applicants / Supermarket situated in a fantastic central location of Brisbane CBD

Short Summary

Well-established supermarket in Brisbane CBD surrounded by foreign students hostel, offices and apartments.

Key Selling Points

Established brand
As close to Passive Income as you can get!
Long Term Lease in place
Clean business
Long-term Customers in place
A1 Location
High foot traffic location

This busy supermarket was established over long time and is very popular with locals residents and office workers in the Brisbane CBD.

Upstairs of this supermarket is a foreign students hostel which house 1,600 overseas students. The shop is surrounded by busy offices and residential apartments. It is located in a fantastic central location of Brisbane CBD.

It has Impressive sales turnover and experiencing solid sales growth in recent financial years. The business has experienced, competent and friendly staff in place whilst the owner only attend to the business part-time since he has other businesses.

Contact Henry Chow 0421 040 857 | Jeevesh Thaman 0451 559 383

Asking $350,000 plus stock at value

Ref. no. BUY2202

Confidentiality Agreement

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (b) “Business” means the business referred to in this Confidentiality Agremeent and/or described in any Agreement. (c) “Property” means the property referred to in this Confidentiality Agreement and/or described in any Agreement. (d) “Seller” means the party described in any Agremeent between the Recipient and includes heirs, executors, administrators, successors and assigns; and in the event the Seller uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Seller shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. (e) “Agent” means Business Classifieds Pty Ltd ATF Business Classifieds Trust. 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AGREEMENT: The Recipient ("I/We/Me/Us") agrees to the Confidentiality Agreement as follows: In consideration of the Agent agreeing to provide me/us directly or indirectly with information relating to any Business/Property presented to me, I/We hereby agree and undertake as follows: (1) I/We will hold and keep as strictly confidential all information, statements, opinion, forecasts and other matters of whatsoever nature, whether written or oral (“the Confidential Information”) except in so far as the same may be or become information in the public domain. (2) I/We will not disclose any of the Confidential Information to any employee or third party unless such employee or third party is specifically required to have knowledge of the same for purposes directly related to my/our consideration of the Business/Property. (3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. (5) The Recipient must not in any manner whatsoever either directly or indirectly be concerned or interested in the Business/Property without the Agent's involvement. (6) I/We undertake to indemnify the Agent against any actions, proceedings, costs, claims, demands or liabilities which the Agent may suffer in consequence of any breach by me/us of the undertakings herein contained. (7) The obligations, covenants and undertakings contained in the Confidentiality Agreement shall continue in force without any limit in point of time. (8) I/we acknowledge the Agent does not adopt or endorse information provided by the Seller. (9) I/we agree and confirm that this electronic Confidentiality Agreement is enforceable. (10) I/We acknowledge that the Agent is the introducing agent and that all dealings with the Seller will be communicated through the Agent unless otherwise agreed in writing at a later date. I/We will not do and/or say anything that interferes and/or circumvents the Agent’s entitlement to Commission. In the event that the Recipient acquires Interest in the Business/Property, either in part or whole, the Recipient acknowledges and agrees that, had it not been for the Agent, such Interest would not have occurred and agrees that the Agent was the effective cause of such acquisition.*
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Property Features

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

Attention: 188a applicants / Supermarket situated in a fantastic central location of Brisbane CBD

Confidentiality Agreement

Thank you!

Property Features