Visit this listing at https://www.sbx.com.au/business?id=W1930

Business Code: W1930

Key Features: Asian Grocery Supermarket - Takings $24,000 p.w. -West Sydney

State: NSW

Location: Residential and commercial area in Sydney West.

Description

Asian Grocery / Supermarket selling Korean and Japanese groceries such as snacks, cans & jars, sauce and condiments, meat, seasoning, pasta, rice, seaweed, frozen fish, fruit and veg, soft drinks, at very competitive pricing. Excellent shelving, spacing gives products maximum display and accessibility. No similar businesses around this area - high margin business with separate cool room, fridge room and freezer room installed for fruit and vegetables. They are also licensed to sell liquor until 10.00 p.m.

Summary

  • Features: Absolutely no competition. - Prime location. A good size Asian grocery store. Stable business with regular customers. Spacious and bright. Established 13 years. Licensed to sell liquor.
  • Potential: Add Chinese products as well. Suits family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area. - Do some local marketing and advertising. Add more vegetables and fruits.
  • Premises: This business has an area of 240 sq.mts. with storage.
  • Trading Hours: 7 days - 8:30 am to 8:00 pm.
  • Lease: Current lease expires October 2026 + 5 year option. 3 months bond. Rent increases by 4% per year
  • Employees: 3 owners - ( Family business)
  • Sale Reason: Private reasons
  • Comments: Rent includes outgoings. Car park is $100 / month. Very well organised Asian Grocery/ Supermarket. High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.

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)

$24,000

Cost of Goods

$18,000

Gross Profit

$6,000

Rent

$2,500

Insurance

$87

Electricity

$550

Misc1

$25

Total Expenses

$3,162

Estimated Stock (Additional)

$100,000

Net Profit

$2,838

Price

$195,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Supermarket - Asian Groceries

Business Code: W1930
Price: $195,000
+ Estimated Stock (SAV) $100,000

Key Features: Asian Grocery Supermarket - Takings $24,000 p.w. -West Sydney

State: NSW

Location: Residential and commercial area in Sydney West.

Description

Asian Grocery / Supermarket selling Korean and Japanese groceries such as snacks, cans & jars, sauce and condiments, meat, seasoning, pasta, rice, seaweed, frozen fish, fruit and veg, soft drinks, at very competitive pricing. Excellent shelving, spacing gives products maximum display and accessibility. No similar businesses around this area - high margin business with separate cool room, fridge room and freezer room installed for fruit and vegetables. They are also licensed to sell liquor until 10.00 p.m.

Summary

  • Features: Absolutely no competition. - Prime location. A good size Asian grocery store. Stable business with regular customers. Spacious and bright. Established 13 years. Licensed to sell liquor.
  • Potential: Add Chinese products as well. Suits family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area. - Do some local marketing and advertising. Add more vegetables and fruits.
  • Premises: This business has an area of 240 sq.mts. with storage.
  • Trading Hours: 7 days - 8:30 am to 8:00 pm.
  • Lease: Current lease expires October 2026 + 5 year option. 3 months bond. Rent increases by 4% per year
  • Employees: 3 owners - ( Family business)
  • Sale Reason: Private reasons
  • Comments: Rent includes outgoings. Car park is $100 / month. Very well organised Asian Grocery/ Supermarket. High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.

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

$24,000

Cost of Goods

$18,000

Gross Profit

$6,000

Rent (ex GST)

$2,500

Insurance

$87

Electricity

$550

Misc1

$25

Total Expenses

$3,162

Estimated Stock (Additional)

$100,000

Net Profit

$2,838

Price

$195,000
+ Estimated Stock (SAV) $100,000

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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.