40 Years of History, Rich and diverse in culinary traditions of Asia
Business Highlights:
With average weekly sales of between $80,000 - $100,000 this supermarket is a profitable business opportunity and shows consistent annual trading.
EBIDTA $222,252.98 (2023FY) PEBIDTA $372,252.98
$2,942 per week ($12,780 per calendar month) including GST and secure lease to 24th July 2030
Open 7 Days currently trading Monday to Friday 8am to 6.30pm; Saturday 8am to 6.00pm and Sunday 8am to 4.00pm.
This Supermarket is fully equipped with over 100 solar panels, installed in 2020, reducing the cost of electricity by approximately $2,000 per month.
Unique drive-thru liquor store at the rear of the supermarket since the early 1990's.
Located in prime Millner location, the beating heart of specialised household items, including a rich selection of fresh fruits, vegetables and Asian culinary needs.
Only 3kms from Darwin International Airport, 9kms from Darwin CBD, 4.5kms from Charles Darwin University and 6.8kms from Royal Darwin Hospital.
Liquor Licence Number FLL1001 trading hours are subject to the conditions of the Grocery Store liquor licence granted on 23rd August 1990, which can be viewed on the public register https://licensingnt.gov.au/PublicRegister/
Description:
Uncover the Essence of Culinary Mastery - Exclusive Asian/Australian Fusion Business Awaits on Sabine Road!
Dive into a rich tapestry of flavors and history as you explore the extraordinary opportunity to acquire a culinary gem with a staggering 40-year legacy. Sabine Road's Asian/Australian fusion business is not just a supermarket; it's a narrative of culinary excellence waiting for its next chapter!
Picture a thriving establishment with gross turnover of $4,575,947.33 (FY2023) and $4,657,215.35 (FY2022) and half yearly gross income of $2,169,339 (FY2024), promising not just profitability but an enduring tradition of consistent annual trading and an PEBITDA of $372,252.98 (FY203) this is a robust financial foundation of this supermarket.
Lease with Confidence:
Experience a commitment to sustainability with the supermarket equipped with over 100 solar panels, installed in 2020, resulting in a substantial monthly reduction of approximately $2,000 in electricity costs.
Discover a unique drive-thru liquor store at the rear, a feature that has set this establishment apart since the early 1990s, offering a one-of-a-kind experience for patrons. Nestled in the heart of Millner, this prime location is the beating heart of specialized household items, boasting a lavish selection of fresh fruits, vegetables, and Asian culinary essentials.
Conveniently positioned merely 3 kilometers from Darwin International Airport, 9 kilometers from Darwin CBD, 4.5 kilometers from Charles Darwin University, and 6.8 kilometers from Royal Darwin Hospital, ensuring proximity to key establishments.
Seize this unparalleled opportunity to own not just a business but a cultural and culinary legacy on Sabine Road!
Connect with us now to delve deeper into the extraordinary tapestry that awaits. Don't miss out on this incredible opportunity to own your own business and become your own boss.
Contact us today for the Information Memorandum.
A Confidentiality Agreement and Photo ID are required to discuss this business.
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This business is exclusively listed with Judy Truong of Darwin Property Group
Disclaimer: The information in this advertisement has been disclosed to Darwin Property Group by the vendor. Darwin Property Group cannot guarantee and are not liable for the information provided by the vendor. Darwin Property Group strongly advise that any prospective purchaser do their due diligence to verify the sales and financial performance of this business along with consulting with their professional advisors prior to committing to any purchase of the business.
