• Australian Business Sellers and Buyers Register

Algester King Market

  • Business Category: Convenience and Grocery
  • Business Plan exists?: Draft
  • Marketing Plan/Research?: Draft
  • Property Included?: Yes
  • Sale Type: Negotiable
  • Business Type: Convenience and Grocery
  • Business Development (in place): Some
  • Budget in place: No
  • Financing Available: Yes Part
  • Trial Period: Maybe

Business Location:

  • Address: , Brisbane, Queensland.

Business Description:

Profitable supermarket located in Brisbane, Algester with great potential to develop. Algester King Market is situated in a prime location in a shopping complex with a large parking lot, affordable rent prices and no similar/competing businesses around the area.

Various residential homes, primary and high schools surround the shop with a bus stop located right outside the complex making it the go-to stop for locals, students and walk in customers to conveniently pick up their daily needs and supplies!

Algester King Market is a clean, inviting and established store, perfectly catering to everyone's needs. Not only has the store has been operating well for the last 12 years, 7 days a week, the business has even thrived and benefitted through the COVID period. This business is highly suitable for a family, couple or even individually owned business.

The convenience store sells a wide range of well stocked and well presented products including groceries, cigerettes, frozen foods and snacks with ALL stock included to provide a further boost to your future prospects for the business. Additionally, various shelving, storage rooom, CCTV survelliance cameras, display fridges and small private toilet and kitchen are all included.

Snapshot of the business:
- average weekly sales $18,000
- store size of approximately 208㎡
- rent and outgoings of $4750 per month
- electricty costs $1500 per month

After being established for over 12 years, for the first time, it is being put on the market for sale. Due to a family emergency, the owner urgently requires to return to China, so it the shop miust be sold as soon as possible. To all business migration buyers, families or investors, this opportunity will not stay for long. To find out more on this rare business oppurtunity potential to purchase at a bargain price, please contact Jack if you are interested or have any further questions, preferrably via text / message at 0450050123 or email at jinjiaohu@gmail.com

FOR SALE: $200,000 + SAV

Seller Information

Name: Jack He

Email: jinjiaohu@gmail.com

Phone: 0450050123

Listing ID: 13107

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