Chinese Supermarket for Sale in Kingston upon Thames - Flavours of the Far East
Kingston upon Thames, London
- Status
FOR SALE
- Advert ID
646545
- Reference
B09431 / Rightbiz
- Call Agent:
- Leasehold: £89,999
- Turnover: £264,000 (£5,077 per week)
- Profit: £72,000 (28% Profit margin)
Business Details
Flavours of the Far East – Thriving Chinese Supermarket in Kingston
BusinessPlease quote reference B09431
CoGoGo presents to the market a well-established Chinese supermarket located in the popular and vibrant area of Kingston Upon Thames.
The business specialises in a wide range of authentic Chinese groceries and food products, catering to both the local Chinese community and wider customers seeking Asian ingredients.
The shop has built a strong reputation locally and benefits from being the only Chinese supermarket within the Kingston area. The current owner has also developed a loyal customer base through three WeChat groups with approximately 1,300 members, regularly promoting new stock and offers while allowing customers to place orders directly.
Additional revenue is generated through the Deliveroo platform, enabling customers to order conveniently online. Stock is replenished frequently with deliveries arriving four to five times per week, ensuring the shelves remain well stocked with popular items.
The current owner is selling due to a change of direction and is willing to provide supply chain information and training for a smooth transition.
Early viewing is highly recommended.
STOCK IS NOT INCLUDED IN PRICE
Location
The business is situated in Kingston Upon Thames, a busy and well-regarded area with a strong mix of residential communities, students and professionals. The location benefits from regular local footfall and a loyal customer base within the surrounding area.
Premises
The business operates from a well-presented retail premises fitted for supermarket trading. The shop provides shelving and display areas for a wide range of grocery products, alongside storage space for stock deliveries which arrive multiple times per week.
Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
We are advised that the current lease has approximately 12.5 years remaining with an annual rent of £19,000. The landlord may also offer a new lease directly to a buyer if preferred.
Hours
The current operating hours are:
Monday to Friday: 9:30 am to 8:00 pm
Saturday: 10:00 am to 8:00 pm
Sunday: 10:00 am to 6:00 pm
Staff
The business is currently run by the owners with support as required. Previously, one full-time member of staff assisted with daily operations.
Financial Profile
We are advised that the business generates an annual turnover in 2025 of £380,321, with a net profit of around £62,992
Contact Agent
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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