North West Sydney
NSW
$300,000
Supermarket -Chinese / Asian Groceries - RetailPrice: $70,000Net Profit: $1,280 |
Visit this listing at https://www.sbx.com.au/business?id=M2206 |
|
Business Code: M2206 Key Features: Chinese / Asian supermarket - North West popular area- Quality fit out State: NSW Location: Situated in centre of shopping street in popular North West suburb. DescriptionSupermarket mainly selling Chinese / Asian groceries, snacks, soft drinks, frozen food and daily fresh vegetables. Good margins around 33% of sales. The profit shown is based on 2 owners working full time in the business. Currently 2 owners only work part-time in the shop and are involved in other jobs. The business was established in 2021 and cost more than $300k.
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)$13,500Cost of Goods$9,000Gross Profit$4,500Rent$2,388Telephone$20Insurance$37Electricity$775Total Expenses$3,220Estimated Stock (Additional)$80,000Equipment (Included)$200,000Net Profit$1,280Price$70,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Supermarket -Chinese / Asian Groceries - Retail
Business Code: M2206Price: $70,000
+ Estimated Stock (SAV) $80,000
Key Features: Chinese / Asian supermarket - North West popular area- Quality fit out
State: NSW
Location: Situated in centre of shopping street in popular North West suburb.
Business Overview
Supermarket mainly selling Chinese / Asian groceries, snacks, soft drinks, frozen food and daily fresh vegetables. Good margins around 33% of sales. The profit shown is based on 2 owners working full time in the business. Currently 2 owners only work part-time in the shop and are involved in other jobs. The business was established in 2021 and cost more than $300k.
Summary
- Key Features: Perfect location. Newly set up shop. Spacious shop with high quality fitout. Long lease. Great growth potential for motivated owner operator.
- Potential: Develop wholesale business to local restaurant and cafe. Add home delivery. Promote market to boost sales. A hands on new motivated owner will improve the business and increase sales and make more profit. Could convert to different type of supermarket such as Indian or Korean.
- Premises: Near new and well presented supermarket with an area of approx. 200 sq. mts. which includes an office plus large store room downstairs with an area of approx. 70 sq. mts.
- Trading Hours: 7 days - 9 a.m. to 9 p.m.
- Lease: The current lease expires 26th November, 2026 with a further 5 year option -3% annual increases. - 3 months bond.
- Employees: 2 owners
- Sale Reason: Partnership split
- Comments: The rent includes outgoings. Near new supermarket in perfect location looking for a new and motivated owner operator. The sale price is below the shop equipment value. Near 3 years sales report can be reviewed. A must to inspect.
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
$13,500
Cost of Goods
$9,000
Gross Profit
$4,500
Rent (ex GST)
$2,388
Telephone
$20
Insurance
$37
Electricity
$775
Total Expenses
$3,220
Estimated Stock (Additional)
$80,000
Equipment (Included)
$200,000
Net Profit
$1,280
Price
$70,000
+ Estimated Stock (SAV) $80,000
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.