Visit this listing at https://www.sbx.com.au/business?id=W1937

Business Code: W1937

Key Features: Asian Supermarket - No competition - Nets over $5,000 p.w. - Northern Beaches

State: NSW

Location: Situated in shopping arcade in Northern Beaches with lots of passing trade.

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 installed for fruit and vegetables.

Summary

  • Features: Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. - Established 8 years. Regular customers.
  • Potential: Add more Chinese products as well as Indian. 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 105 sq. mts. - including storage + cool room
  • Trading Hours: 7 days - 9:00 am to 7:30 pm.
  • Lease: 5 + 5 year lease from November 2020 - 3 months bond, Rent increases by 3.5%
  • Employees: 1 owner full time +1 part timer (3:30 p.m. - 7:30 p.m.( 4 hrs per day)
  • Sale Reason: Private reasons
  • Comments: High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training for 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)

$12,500

Cost of Goods

$5,000

Gross Profit

$7,500

Rent

$1,000

Wages

$550

Insurance

$82

Electricity

$350

Total Expenses

$1,982

Estimated Stock (Additional)

$75,000

Net Profit

$5,518

Price

$225,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Supermarket - Asian Groceries

Business Code: W1937
Price: $225,000
+ Estimated Stock (SAV) $75,000

Key Features: Asian Supermarket - No competition - Nets over $5,000 p.w. - Northern Beaches

State: NSW

Location: Situated in shopping arcade in Northern Beaches with lots of passing trade.

Business Overview

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 installed for fruit and vegetables.

Summary

  • Key Features: Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. - Established 8 years. Regular customers.
  • Potential: Add more Chinese products as well as Indian. 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 105 sq. mts. - including storage + cool room
  • Trading Hours: 7 days - 9:00 am to 7:30 pm.
  • Lease: 5 + 5 year lease from November 2020 - 3 months bond, Rent increases by 3.5%
  • Employees: 1 owner full time +1 part timer (3:30 p.m. - 7:30 p.m.( 4 hrs per day)
  • Sale Reason: Private reasons
  • Comments: High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training for 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

$12,500

Cost of Goods

$5,000

Gross Profit

$7,500

Rent (ex GST)

$1,000

Wages

$550

Insurance

$82

Electricity

$350

Total Expenses

$1,982

Estimated Stock (Additional)

$75,000

Net Profit

$5,518

Price

$225,000
+ Estimated Stock (SAV) $75,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.