ID : 37000
This unique Asian specialty store first opened for business in early 2017, and is now reluctantly being offered for sale so that the owners can concentrate on other business ventures. Since its inception, the owners have bought in new equipment, fixtures and fittings, including a total renovation with a built-in counter, a staff’s room with a basin and a W/C. All are bought and paid for and are included within the sale price which is a huge advantage for any new business purchaser as there will not be additional funds required for a while.
The business is owner operated and employs the help of 3 part-time team members and has an annual turnover of approx £90,000. We provide a diverse range of Asian snacks, condiments, drinks and frozen food. Recently, we have also collaborated with nearby cafes to organise pop-up Asian cuisine dinner nights which have proved to be a massive success. We have also just set up a new area for a local quick dine-in experience in our shop for our customers. Within a radius of 26 miles, there is no other Asian Grocery Stores/Supermarkets.
There is a huge potential to be an Asian food supplier/distributor for Cornwall area as most Asian cuisine takeouts and restaurants in the area are not able to get their supplies within a day or two. There is also a demand for fresh Asian food and vegetables, which could also be explored. Another revenue stream would be providing a delivery services for people around the area, especially catering to the nearby Universities, which have more than 7000 students during school terms.
The business already enjoys a strong reputation within the local community and we have a very good mix of new and repeat customers, from all ages. We have also built up solid partnerships with several suppliers so the new ownership will not need to worry.
This is a once in a lifetime opportunity to purchase an established business which is a great base to build upon and should not be missed! Early viewing is highly recommended. We are more than glad to share more of our business plans for interested parties.