Amazing Asian Grocery in the Heart of Brisbane CBD
Amazing Asian Grocery in the Heart of Brisbane CBD
Discover a curated Asian-grocery destination right in the heart of Brisbane CBD.
Established just prior to the COVID-19 era, this vibrant, independent store offers a unique proposition for food lovers, niche importers and everyday shoppers alike.
This Asian Supermarket is a specialist retail operation offering a broad range of Asian groceries, snacks, beverages and produce.
The business is located within a well-trafficked CBD arcade, offering strong visibility and access to both daily shoppers and destination buyers seeking niche Asian goods.
The store emphasises quality, variety and customer service, backed by a strong online presence to augment its in-store offering.
The founders leveraged decades of experience in the Asian grocery sector to establish the business, building a brand that appeals to both local and international community segments.
The product mix ranges from fresh Asian produce and pantry staples to speciality imported snacks cakes & drinks from all over Asia and imported Japanese cookware and crockery for our customers that love to enjoy Asian food at Home. The store has differentiated itself through importing less-common Asian food items, creating a “destination” feel within the aisle rather than simply competing on commodity groceries.
Key Features:
• High-visibility CBD location providing foot traffic, business-worker and tourist exposure.
• Niche market segment with rising demand: Asian cuisine, multicultural demographics, premium imported ingredients.
• Well-established brand in the local market and strong reputation (referred to as a “hidden gem” by local media) which reduces market-entry risk.
• Growth potential: Possible expansion of online business, further import specialisation, private label development, wholesale supply to cafés/restaurants, extended product range.
• Growth potential: Subject to negotiations the Landlord is open to expanding the size of the current shop footprint.
• Scalable model: The retail format is proven and can be replicated or expanded into other locations or via e-commerce channels.
• Favourable macro trend: Growth in ethnically diverse food retailing and the Asian multicultural food sectors in Australia presents opportunity for premium/gourmet Asian grocery retail.
• Revenue : $ 1,068,103
• Profit : $ 391,185
• Stock Value : $238,000
Price: $899,000 + SAV
Contact the exclusive broker direct
Marc Sax
Benchmark Business Sales and Valuations
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Please ensure you have the necessary capital or equity before expressing an interest in this business.
For more details, please email broker or call agents.
