Asian Groceries - Supermarket - Convenience Store Price: $320,000 Net Profit: $0
Visit this listing at https://www.sbx.com.au/business?id=FN1328
Business Code: FN1328 Key Features: Asian Grocery - Inner West Sydney - Prime location- Huge potential State: NSW Location: Prime Inner West Sydney location in a busy retail area surrounded by large residential apartment complexes providing a strong and consistent customer base with high demand for Asian groceries and Korean products. Description Supermarket selling a wide range of Asian groceries including frozen meals, drinks, small goods, Korean and Japanese food lines, daily essential products, and a selection of popular Korean alcoholic beverages such as soju and makgeolli. The business has recently obtained a liquor licence and commenced selling Korean alcohol, providing strong potential for ongoing sales growth. Well equipped with fridge, freezer, computerised POS system, and CCTV security. Summary Features: Strong base of regular customers -Only Korean supermarket in the suburb - No direct competition- Excellent exposure in busy area- Low rent- POS systems and security cameras already in place Potential: Ideal family run business -Expand product lines and optimise use of space. Recently obtained liquor licence. Opportunity to introduce a Korean side-dish (ban chan) section, which can attract and retain a large customer base. Premises: This business has an area of approx. 211 m2 Trading Hours: 7 days - Monday to Sunday: 9 am to 9 pm. Lease: 5 + 5 year lease commenced June 2026 - 4% increases each year - 4 months bond Employees: Under Management - 1 full timer +3 casuals Sale Reason: Owner pursuing other ventures. Comments: This business is not being sold based on sales figures but as an asset / fit-out opportunity- The current fit-out and setup cost exceeded $500,000, but due to owners circumstances it is being sold well below setup cost.- Partnership opportunities may also be considered, providing flexibility for the right buyer.-Growing business with significant potential - Motivated vendor - A must inspection. Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Weekly Summary Rent $3,300 Outgoings $300 Estimated Stock (Additional) $150,000 Price $320,000
Contact SBX NSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au

Asian Groceries - Supermarket - Convenience Store

Business Code: FN1328
Price: $320,000
+ Estimated Stock (SAV) $150,000

Key Features: Asian Grocery - Inner West Sydney - Prime location- Huge potential

State: NSW

Location: Prime Inner West Sydney location in a busy retail area surrounded by large residential apartment complexes providing a strong and consistent customer base with high demand for Asian groceries and Korean products.

Business Overview

Supermarket selling a wide range of Asian groceries including frozen meals, drinks, small goods, Korean and Japanese food lines, daily essential products, and a selection of popular Korean alcoholic beverages such as soju and makgeolli. The business has recently obtained a liquor licence and commenced selling Korean alcohol, providing strong potential for ongoing sales growth. Well equipped with fridge, freezer, computerised POS system, and CCTV security.

Summary

Key Features: Strong base of regular customers -Only Korean supermarket in the suburb - No direct competition- Excellent exposure in busy area- Low rent- POS systems and security cameras already in place
Potential: Ideal family run business -Expand product lines and optimise use of space. Recently obtained liquor licence. Opportunity to introduce a Korean side-dish (ban chan) section, which can attract and retain a large customer base.
Premises: This business has an area of approx. 211 m2
Trading Hours: 7 days - Monday to Sunday: 9 am to 9 pm.
Lease: 5 + 5 year lease commenced June 2026 - 4% increases each year - 4 months bond
Employees: Under Management - 1 full timer +3 casuals
Sale Reason: Owner pursuing other ventures.
Comments: This business is not being sold based on sales figures but as an asset / fit-out opportunity- The current fit-out and setup cost exceeded $500,000, but due to owners circumstances it is being sold well below setup cost.- Partnership opportunities may also be considered, providing flexibility for the right buyer.-Growing business with significant potential - Motivated vendor - A must inspection.

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

Rent (ex GST)

$3,300

Outgoings

$300

Estimated Stock (Additional)

$150,000

Price

$320,000
+ Estimated Stock (SAV) $150,000

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.

Asian Groceries - Supermarket - Convenience Store