Visit this listing at https://www.sbx.com.au/business?id=FN1354

Business Code: FN1354

Key Features: Korean Grocery Store -Takings $15,000, Nets $4,000 p.w.- No competition -NW Syd.

State: NSW

Location: Strategically located near major train station in a busy commercial strip surrounded by popular restaurants, cafes and retail shops in a key transport hub in North West Sydney

Description

Well-established Korean grocery supermarket ideally positioned near train station in a busy commercial strip surrounded by popular restaurants and retail shops. This popular store offers a wide range of Korean products including frozen foods, ready-to-eat meals, traditional ingredients, fresh Asian fruit and vegetables, as well as selected Japanese and Chinese grocery items, catering to strong local demand. Successfully operated by the same owner for 16 years, the business has built a solid and loyal repeat customer base within the local community. The store layout is practical and designed for smooth customer flow, making shopping convenient and efficient. The premises include a cool room and kitchen facilities, providing additional storage and preparation capacity, ideal for expanding ready-to-eat or fresh product offerings.

Summary

  • Features: Excellent location in major shopping strip near station- No direct Korean grocery competition in the area- Strong and loyal local customer base- Long secure lease - Only 1 month bond
  • Potential: Expand Chinese and Japanese grocery range-Increase marketing within local Asian community- Ideal for owner-couple operation - Further develop fresh produce and ready-meal sections
  • Premises: Spacious retail supermarket of approx. 180 sq.mts., offering an efficient and well-organised layout that allows smooth customer movement and optimal product display. Includes a cool room and kitchen facilities.
  • Trading Hours: 7 days - Monday to Saturday: 8:30 am to 8 pm. Sunday: 9:30 am to 7 pm.
  • Lease: 3 + 3 yrs lease commenced April 2025 - Bond 1 month - Rent increases CPI per year
  • Employees: 1 owner
  • Sale Reason: Owner retiring.
  • Comments:

    Price includes stock value of about $150,000- Inspections are strictly by appointment through the broker only.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$15,000

Cost of Goods

$9,000

Gross Profit

$6,000

Rent

$1,353

Telephone

$20

Insurance

$30

Electricity

$460

Misc1

$137

Total Expenses

$2,000

Net Profit

$4,000

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Supermarket - Retail - Asian Groceries

Business Code: FN1354
Price: $300,000

Key Features: Korean Grocery Store -Takings $15,000, Nets $4,000 p.w.- No competition -NW Syd.

State: NSW

Location: Strategically located near major train station in a busy commercial strip surrounded by popular restaurants, cafes and retail shops in a key transport hub in North West Sydney

Business Overview

Well-established Korean grocery supermarket ideally positioned near train station in a busy commercial strip surrounded by popular restaurants and retail shops. This popular store offers a wide range of Korean products including frozen foods, ready-to-eat meals, traditional ingredients, fresh Asian fruit and vegetables, as well as selected Japanese and Chinese grocery items, catering to strong local demand. Successfully operated by the same owner for 16 years, the business has built a solid and loyal repeat customer base within the local community. The store layout is practical and designed for smooth customer flow, making shopping convenient and efficient. The premises include a cool room and kitchen facilities, providing additional storage and preparation capacity, ideal for expanding ready-to-eat or fresh product offerings.

Summary

  • Key Features: Excellent location in major shopping strip near station- No direct Korean grocery competition in the area- Strong and loyal local customer base- Long secure lease - Only 1 month bond
  • Potential: Expand Chinese and Japanese grocery range-Increase marketing within local Asian community- Ideal for owner-couple operation - Further develop fresh produce and ready-meal sections
  • Premises: Spacious retail supermarket of approx. 180 sq.mts., offering an efficient and well-organised layout that allows smooth customer movement and optimal product display. Includes a cool room and kitchen facilities.
  • Trading Hours: 7 days - Monday to Saturday: 8:30 am to 8 pm. Sunday: 9:30 am to 7 pm.
  • Lease: 3 + 3 yrs lease commenced April 2025 - Bond 1 month - Rent increases CPI per year
  • Employees: 1 owner
  • Sale Reason: Owner retiring.
  • Comments:

    Price includes stock value of about $150,000- Inspections are strictly by appointment through the broker only.


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

$15,000

Cost of Goods

$9,000

Gross Profit

$6,000

Rent (ex GST)

$1,353

Telephone

$20

Insurance

$30

Electricity

$460

Misc1

$137

Total Expenses

$2,000

Net Profit

$4,000

Price

$300,000

 Print

Enquire about this listing



All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.