Inner West
NSW
$598,000
Asian Supermarket- Under Management - RetailPrice: $499,000Net Profit: $5,000 |
Visit this listing at https://www.sbx.com.au/business?id=SM1519 |
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Business Code: SM1519 Key Features: Asian Supermarket - No competition - Takings $38,000 p.w. - Upper North Shore State: NSW Location: Perfect location in the Upper North Shore high foot traffic shopping centre. DescriptionAsian supermarket and grocer providing a delicious variety of Asian cuisine and grocery essentials with a large range of goods and cooking advice.- The store offers a wide variety of traditional delicacies and fresh produce including dumplings, drinks, noodles, sweets with Chinese, Malaysian, Japanese and Indonesian offerings. 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)$38,000Cost of Goods$24,500Gross Profit$13,500Rent$4,267Wages$3,000Electricity$670Misc1$563Total Expenses$8,500Estimated Stock (Additional)$150,000Net Profit$5,000Price$499,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Asian Supermarket- Under Management - Retail
Business Code: SM1519Price: $499,000
+ Estimated Stock (SAV) $150,000
Key Features: Asian Supermarket - No competition - Takings $38,000 p.w. - Upper North Shore
State: NSW
Location: Perfect location in the Upper North Shore high foot traffic shopping centre.
Business Overview
Asian supermarket and grocer providing a delicious variety of Asian cuisine and grocery essentials with a large range of goods and cooking advice.- The store offers a wide variety of traditional delicacies and fresh produce including dumplings, drinks, noodles, sweets with Chinese, Malaysian, Japanese and Indonesian offerings.
Summary
- Key Features: Great location. - Affluent suburb. - Very high margins. - No competition. - Easy to operate.
- Potential: Currently trading under management, - huge potential for owner operators to improve the sales. Develop home delivery and wholesale.
- Premises: State of Art recent quality fit-out with an area of approx. 200 sq. mts. including store room.
- Trading Hours: 7 days - 8 am to 6:30 pm.
- Lease: Current lease expires 1st November 2031. - 5% annual increases now and from 2027 it will be 3% increases. - 3 months Bank guarantee.
- Employees: Manager plus 3 casuals.
- Sale Reason: Owner going back to home country.
- Comments: The rent includes all outgoings and water. - Misc.- 1- Refers to shop cardboard removal, bank fees. - New business in great location with great profit. - 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
$38,000
Cost of Goods
$24,500
Gross Profit
$13,500
Rent (ex GST)
$4,267
Wages
$3,000
Electricity
$670
Misc1
$563
Total Expenses
$8,500
Estimated Stock (Additional)
$150,000
Net Profit
$5,000
Price
$499,000
+ Estimated Stock (SAV) $150,000
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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.