Visit this listing at https://www.sbx.com.au/business?id=TTQN1046

Business Code: TTQN1046

Key Features: Very well established

State: QLD

Suburb: West End, 4101

Location: Situated in Brisbane City Fringe in residential & commercial area.

Description

Convenience store - supermarket selling very wide variety of Asian groceries and household products, - fresh fruits & vegetables, large display of frozen processed meats, seafood & noodles.

Summary

  • Features: Long history of loyal customers - Established over 40 years - Very low rent - No competition in this area - Easy parking
  • Potential: Can convert to Asian supermarket - Style barcode checkouts - Would suit owner or family operator.
  • Premises: This business has an area of 140 sq.mts plus large preparing and cool room space at rear
  • Trading Hours: 7 days - 10.00 a.m. - 6:00 p.m.
  • Lease: Current lease is expired - Landlord has approved new 3 + 3 + 3 yrs. or 5 + 5 yrs lease -. 4% annual reviews - 2 months bond.
  • Employees: 2 owners
  • Comments: Very stable business and loyal customers. - The new owner only needs to paint and put on new signage - The current owner is very keen for a quick sale and will consider any reasonable offer.

Weekly Summary

Weekly Takings (inc GST)

$11,000

Cost of Goods

$7,300

Gross Profit

$3,700

Rent

$1,453

Outgoings

$100

Telephone

$10

Insurance

$28

Electricity

$290

Misc1

$120

Total Expenses

$2,001

Estimated Stock (Additional)

$40,000

Net Profit

$1,699

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Asian Groceries - Convenience Store - Supermarket

Business Code: TTQN1046

Key Features: Very well established

State: QLD

Suburb: West End, 4101

Location: Situated in Brisbane City Fringe in residential & commercial area.

Description

Convenience store - supermarket selling very wide variety of Asian groceries and household products, - fresh fruits & vegetables, large display of frozen processed meats, seafood & noodles.

Summary

  • Features: Long history of loyal customers - Established over 40 years - Very low rent - No competition in this area - Easy parking
  • Potential: Can convert to Asian supermarket - Style barcode checkouts - Would suit owner or family operator.
  • Premises: This business has an area of 140 sq.mts plus large preparing and cool room space at rear
  • Trading Hours: 7 days - 10.00 a.m. - 6:00 p.m.
  • Lease: Current lease is expired - Landlord has approved new 3 + 3 + 3 yrs. or 5 + 5 yrs lease -. 4% annual reviews - 2 months bond.
  • Employees: 2 owners
  • Comments: Very stable business and loyal customers. - The new owner only needs to paint and put on new signage - The current owner is very keen for a quick sale and will consider any reasonable offer.

Weekly Summary

Weekly Takings
(inc GST)

$11,000

Cost of Goods

$7,300

Gross Profit

$3,700

Rent (ex GST)

$1,453

Outgoings

$100

Telephone

$10

Insurance

$28

Electricity

$290

Misc1

$120

Total Expenses

$2,001

Estimated Stock (Additional)

$40,000

Net Profit

$1,699

Price

$80,000

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