Visit this listing at https://www.sbx.com.au/business?id=TTQN1072

Business Code: TTQN1072

Key Features: Well known

State: QLD

Suburb: Southport, 4215

Location: Situated next to a large shopping centre in Gold Coast.

Description

Supermarket selling a large variety of products including all Chinese & Korean grocery lines, frozen foods, deli, fresh produce, also supplies imported beer, wine with liquor license - large cool room, large display fridges & freezers. - Back office & storage area, security & POS systems.

Summary

  • Features: Very well known in Asian community. - Very large local loyal customers. - Well established.
  • Potential: Could increase the size and variety of fresh fruit & vegetables. - Also increase hot food range. - Run more Asian grocery & food specials.
  • Premises: Well laid out store with an area of 370 sq.mts.
  • Trading Hours: 7 days - 9 a.m. - 8 p.m.
  • Lease: Current lease expires 30th June, 2023 + 5 year option - Bond $35,000 - 3% C.P.I. increases p.a.
  • Employees: 2 owners + 2 casuals
  • Comments: Misc. 1 - Air conditioning costs. - Excellent return - A must see.

Weekly Summary

Weekly Takings (inc GST)

$38,460

Cost of Goods

$26,960

Gross Profit

$11,500

Rent

$2,400

Wages

$2,000

Telephone

$25

Insurance

$70

Electricity

$1,040

Misc1

$115

Total Expenses

$5,650

Estimated Stock (Additional)

$200,000

Equipment (Included)

$100,000

Net Profit

$5,850

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Asian Groceries - Supermarket

Business Code: TTQN1072
Price: $300,000

Key Features: Well known

State: QLD

Suburb: Southport, 4215

Location: Situated next to a large shopping centre in Gold Coast.

Description

Supermarket selling a large variety of products including all Chinese & Korean grocery lines, frozen foods, deli, fresh produce, also supplies imported beer, wine with liquor license - large cool room, large display fridges & freezers. - Back office & storage area, security & POS systems.

Summary

  • Features: Very well known in Asian community. - Very large local loyal customers. - Well established.
  • Potential: Could increase the size and variety of fresh fruit & vegetables. - Also increase hot food range. - Run more Asian grocery & food specials.
  • Premises: Well laid out store with an area of 370 sq.mts.
  • Trading Hours: 7 days - 9 a.m. - 8 p.m.
  • Lease: Current lease expires 30th June, 2023 + 5 year option - Bond $35,000 - 3% C.P.I. increases p.a.
  • Employees: 2 owners + 2 casuals
  • Comments: Misc. 1 - Air conditioning costs. - Excellent return - A must see.

Weekly Summary

Weekly Takings
(inc GST)

$38,460

Cost of Goods

$26,960

Gross Profit

$11,500

Rent (ex GST)

$2,400

Wages

$2,000

Telephone

$25

Insurance

$70

Electricity

$1,040

Misc1

$115

Total Expenses

$5,650

Estimated Stock (Additional)

$200,000

Equipment (Included)

$100,000

Net Profit

$5,850

Price

$300,000

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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.