Visit this listing at https://www.sbx.com.au/business?id=M2287

Business Code: M2287

Key Features: Asian Supermarket - Retail - Nets over $6,000 p.w.-South Sydney

State: NSW

Location: Prime location on busy shopping street in South Sydney area.

Description

Asian supermarket selling variety of Chinese, Korean, Japanese etc groceries, frozen food, snacks, soft drinks, daily necessities and large selection of fresh fruit and vegetables. Fully equipped shop with good working conditions. The average weekly takings are based on FY 2026 daily sales report in total $2,690,281 a year with average items of 32% gross profit.

Summary

  • Features: Perfect location. - A large size and well organised and well presented Asian supermarket.- Long established.- Well known by locals. -Stable business with regular customers. - Great growth potential. Well priced to sell.
  • Potential: Promote local marketing through media presence. Could apply for tobacco and liquor sales. Could add wholesale business to restaurants and cafes etc. Ideal for family business.
  • Premises: Very tidy, bright and spacious Asian supermarket with shop area approx.. 500 sqm including storage, working prepare area and an office plus downstairs large storeroom, cool room and freezer room, loading zoom in total area around 300 sq.mts..
  • Trading Hours: 7 days - 9 a.m. - 8:30 p.m.
  • Lease: 5 + 5 years lease commenced 27th May 2022. - 3.3% annual increases.- 4 months bank guarantee $74476.17.
  • Employees: Two owners plus one full time staff and 3 casuals.
  • Sale Reason: Other business venture
  • Comments:

    The outgoings includes council rates, water rates and land tax. - Misc.- 1- refers to a delivery truck cost and waste bill and general business expenses. The vendor goes to market buying fruit and vegetables 3 times a week.- A highly profitable Asian supermarket- a rare opportunity not to be missed. - Inspection must be through SBX Business Brokers.


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)

$51,000

Cost of Goods

$34,680

Gross Profit

$16,320

Rent

$4,421

Wages

$3,000

Outgoings

$534

Telephone

$25

Insurance

$300

Electricity

$1,000

Misc1

$500

Total Expenses

$9,780

Estimated Stock (Additional)

$180,000

Net Profit

$6,540

Price

$398,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Supermarket - Asian Groceries- Fruit and Vegetables

Business Code: M2287
Price: $398,000
+ Estimated Stock (SAV) $180,000

Key Features: Asian Supermarket - Retail - Nets over $6,000 p.w.-South Sydney

State: NSW

Location: Prime location on busy shopping street in South Sydney area.

Business Overview

Asian supermarket selling variety of Chinese, Korean, Japanese etc groceries, frozen food, snacks, soft drinks, daily necessities and large selection of fresh fruit and vegetables. Fully equipped shop with good working conditions. The average weekly takings are based on FY 2026 daily sales report in total $2,690,281 a year with average items of 32% gross profit.

Summary

  • Key Features: Perfect location. - A large size and well organised and well presented Asian supermarket.- Long established.- Well known by locals. -Stable business with regular customers. - Great growth potential. Well priced to sell.
  • Potential: Promote local marketing through media presence. Could apply for tobacco and liquor sales. Could add wholesale business to restaurants and cafes etc. Ideal for family business.
  • Premises: Very tidy, bright and spacious Asian supermarket with shop area approx.. 500 sqm including storage, working prepare area and an office plus downstairs large storeroom, cool room and freezer room, loading zoom in total area around 300 sq.mts..
  • Trading Hours: 7 days - 9 a.m. - 8:30 p.m.
  • Lease: 5 + 5 years lease commenced 27th May 2022. - 3.3% annual increases.- 4 months bank guarantee $74476.17.
  • Employees: Two owners plus one full time staff and 3 casuals.
  • Sale Reason: Other business venture
  • Comments:

    The outgoings includes council rates, water rates and land tax. - Misc.- 1- refers to a delivery truck cost and waste bill and general business expenses. The vendor goes to market buying fruit and vegetables 3 times a week.- A highly profitable Asian supermarket- a rare opportunity not to be missed. - Inspection must be through SBX Business Brokers.


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

$51,000

Cost of Goods

$34,680

Gross Profit

$16,320

Rent (ex GST)

$4,421

Wages

$3,000

Outgoings

$534

Telephone

$25

Insurance

$300

Electricity

$1,000

Misc1

$500

Total Expenses

$9,780

Estimated Stock (Additional)

$180,000

Net Profit

$6,540

Price

$398,000
+ Estimated Stock (SAV) $180,000

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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.