Northern Beaches
NSW
$399,000
Asian Supermarket - Under ManagementPrice: $360,000Net Profit: $5,735 |
Visit this listing at https://www.sbx.com.au/business?id=SM1490 |
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Business Code: SM1490 Key Features: Asian supermarket - Eastern Suburbs - Sydney - Sales $57,000 p.w - High Margins State: NSW Location: Perfect location in high foot traffic shopping centre in Sydney Eastern Suburbs. DescriptionSupermarket selling a wide range of Chinese / Asian groceries, soft drinks, snacks, frozen food and daily fresh vegetables. Stock $200,000. Original owner since 2006. Very high margins. Profit shown is for one working owner. 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)$57,000Cost of Goods$39,900Gross Profit$17,100Rent$6,000Wages$4,285Insurance$180Electricity$750Misc1$150Total Expenses$11,365Estimated Stock (Additional)$200,000Net Profit$5,735Price$360,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Asian Supermarket - Under Management
Business Code: SM1490Price: $360,000
+ Estimated Stock (SAV) $200,000
Key Features: Asian supermarket - Eastern Suburbs - Sydney - Sales $57,000 p.w - High Margins
State: NSW
Location: Perfect location in high foot traffic shopping centre in Sydney Eastern Suburbs.
Description
Supermarket selling a wide range of Chinese / Asian groceries, soft drinks, snacks, frozen food and daily fresh vegetables. Stock $200,000. Original owner since 2006. Very high margins. Profit shown is for one working owner.
Summary
- Features: Great location. Very high margins. No direct competition. Easy to operate. Under management
- Potential: Currently trading under management, huge potential for owner operators to improve the sales and save on wages.
- Premises: This business has an area of 200 m2 with a top fit out.
- Trading Hours: 7 days, 9 am to 7 pm.
- Lease: Current lease expires 28th September 2025. 5% annual increases. 3 months bank guarantee. New lease available to approved buyer.
- Employees: Manager plus 3 - 4 casuals.
- Sale Reason: Retiring
- Comments: The rent includes outgoings and storage. Misc.1 = Accountant fees, etc. Manager's wage of $1,865 has been added back to profit as if for an owner operator. The wages include superannuation. Inspection is highly recommended. Please do not speak to anyone when visiting the premises.
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
$57,000
Cost of Goods
$39,900
Gross Profit
$17,100
Rent (ex GST)
$6,000
Wages
$4,285
Insurance
$180
Electricity
$750
Misc1
$150
Total Expenses
$11,365
Estimated Stock (Additional)
$200,000
Net Profit
$5,735
Price
$360,000
+ Estimated Stock (SAV) $200,000
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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.