Newtown Ethnic Grocery Store

Business for Sale: Thriving Middle Eastern/Asian Grocery Store

Location: Central Newtown, Wellington

Annual Revenue: $550000 - $600000

Price: upon negotiation

Stock value: $350000+

Size: 2100+ square feet

Lease Terms: Three years (renewable) at $60000 + GST per annum



Overview: An exciting opportunity to own a well-established Middle Eastern/ Mediterranean/ Asian grocery store in a prime location. This store has been serving the community for over three years, offering a wide range of authentic products and ingredients.

Key Features:

Prime Location: High foot traffic area with many free street parking. Bus stop right at the door.

Established Customer Base: Loyal clients from diverse backgrounds.

Wide Product Selection: Includes spices, essentials, ethic food products, specialty snacks, exclusive overseas agency products, and more imported goods from a wide range of local and international suppliers.

Well-Maintained Premise: Modern new shelving, checkout counter, three coolers, four freezers, security cameras, and modern POS system, big office and storage space, kitchen, toilet.

Potential for Growth: Opportunities to expand product lines or introduce online sales, integrate with new suppliers.



Reason for Sale: Owner is retiring early to spend time with family, creating a fantastic opportunity for a new entrepreneur or businessman/ to take over the successful business.

Contact Information: For more details and to schedule a viewing, please contact us on 0212247778 or best.service321@gmail.com

Don't miss out on this unique chance to own a piece of the community with a strong reputation and excellent potential for growth!