Inner West
NSW
$598,000
Supermarket - Asian Groceries - Under ManagementPrice: $399,000Net Profit: $4,470 |
Visit this listing at https://www.sbx.com.au/business?id=F3445 |
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Business Code: F3445 Key Features: Supermarket Asian - Nth Beaches Syd - Fully managed Sales $30000 pw Net $4.5k pw State: NSW Location: Fabulous location directly opposite the main entry as you walk into the shopping centre in the Northern Beaches DescriptionSupermarket - Asian Groceries packed full of Asian essentials - a large range of good fresh asian fruit and vegetables and many other special foods , prices are cheaper than the other non asian major supermarkets. The new go to Asian store on the North Shore and the Northern Beaches providing groceries from Hong Kong, Japan, Korea, and South East Asia. Amazing modern shop fit out where no expense has been spared. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$30,000Cost of Goods$18,990Gross Profit$11,010Rent$2,900Wages$1,500Outgoings$789Telephone$25Insurance$120Electricity$800Misc1$399Total Expenses$8,033Estimated Stock (Additional)$120,000Net Profit$4,470Price$399,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Supermarket - Asian Groceries - Under Management
Business Code: F3445Price: $399,000
+ Estimated Stock (SAV) $120,000
Key Features: Supermarket Asian - Nth Beaches Syd - Fully managed Sales $30000 pw Net $4.5k pw
State: NSW
Location: Fabulous location directly opposite the main entry as you walk into the shopping centre in the Northern Beaches
Description
Supermarket - Asian Groceries packed full of Asian essentials - a large range of good fresh asian fruit and vegetables and many other special foods , prices are cheaper than the other non asian major supermarkets. The new go to Asian store on the North Shore and the Northern Beaches providing groceries from Hong Kong, Japan, Korea, and South East Asia. Amazing modern shop fit out where no expense has been spared. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business.
Summary
- Features: Cheaper selling prices than the major supermarket chains - Staff are mentioned as always being extremely friendly and helpful - Extremely well stocked store with large popular range of supermarket items. - The shop is clean and well organised. - Long secure lease. Very modern looking shopping centre popular with locals .
- Potential: Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers and lay down a strong ongoing marketing program for the business online.
- Premises: This business has an area of 229 sq. mts. plus storage and fully fitted modern professional fit out.
- Trading Hours: 7 days - 8 am to 6.30 pm.
- Lease: 7 year lease commenced 06.22 with a further 5 year option - 4 % annual rental increases - 3 month bond
- Employees: Currently run under full management the business requires 2 people plus the occasional casual at certain times during the week and year . The profit shown is based on one working owner running the business.
- Sale Reason: Other business interests .
- Comments: Please do not approach the staff of the business as the owners do not work in the business. Contact your SBX Business Broker for further information.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$30,000
Cost of Goods
$18,990
Gross Profit
$11,010
Rent (ex GST)
$2,900
Wages
$1,500
Outgoings
$789
Telephone
$25
Insurance
$120
Electricity
$800
Misc1
$399
Total Expenses
$8,033
Estimated Stock (Additional)
$120,000
Net Profit
$4,470
Price
$399,000
+ Estimated Stock (SAV) $120,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.