West Sydney
NSW
$129,000
Supermarket - Asian GroceriesPrice: $200,000Net Profit: $4,416 |
Visit this listing at https://www.sbx.com.au/business?id=W1952 |
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Business Code: W1952 Key Features: Asian Grocery Supermarket - No competition - Price location in Inner West State: NSW Location: Situated on ground floor of a high rise building on main street commercial area in the City Fringe DescriptionEstablished Korean grocery and convenience store offers an excellent opportunity to acquire a profitable, fully fitted retail business with strong daily sales and a loyal customer base. Positioned in a high exposure location beneath a large residential complex and close to major public transport, the business benefits from consistent foot traffic throughout the day. The premises are approximately 99sqm and presented in excellent condition, with indoor and outdoor seating, secure storage areas and on site parking. The sale includes an extensive range of near new equipment, refrigeration and operational assets, allowing a purchaser to commence trading immediately without further capital expenditure. Supported by a secure long term lease, established supplier relationships and comprehensive handover training, the business is ideally suited to owner operators, family operators or investors seeking a turnkey opportunity with immediate cash flow and future growth potential. 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)$9,000Cost of Goods$3,600Gross Profit$5,400Rent$734Electricity$250Total Expenses$984Estimated Stock (Additional)$70,000Net Profit$4,416Price$200,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Supermarket - Asian Groceries
Business Code: W1952Price: $200,000
+ Estimated Stock (SAV) $70,000
Key Features: Asian Grocery Supermarket - No competition - Price location in Inner West
State: NSW
Location: Situated on ground floor of a high rise building on main street commercial area in the City Fringe
Business Overview
Established Korean grocery and convenience store offers an excellent opportunity to acquire a profitable, fully fitted retail business with strong daily sales and a loyal customer base. Positioned in a high exposure location beneath a large residential complex and close to major public transport, the business benefits from consistent foot traffic throughout the day. The premises are approximately 99sqm and presented in excellent condition, with indoor and outdoor seating, secure storage areas and on site parking.
The sale includes an extensive range of near new equipment, refrigeration and operational assets, allowing a purchaser to commence trading immediately without further capital expenditure. Supported by a secure long term lease, established supplier relationships and comprehensive handover training, the business is ideally suited to owner operators, family operators or investors seeking a turnkey opportunity with immediate cash flow and future growth potential.
Summary
- Key Features: Proven revenue. Premium location underneath residential complex. High foot traffic location. Long, secure lease. Premium brand new equipment
- Potential: Huge potential - add up more products including Chinese and Japanese and do more advertising through local papers. - sell newspapers, flowers, stationery and lotto, dry cleaning agency etc. Promote and deliver to surrounding apartments and residential area. Also add more vegetables and fruits.
- Premises: This business has an area of 99 sqm including cool room.
- Trading Hours: Open 7 days. Monday to Sunday: 8:00 am to 8:00 pm.
- Lease: Current lease expires May 2029 - Bond 3 months - Rent increases by 1.5% per year
- Employees: 2 owners working full time
- Sale Reason: Private reasons.
- Comments:
Rent includes outgoings, one drink fridge belongs to drink supplier company. All other equipment - fridges shelves etc. belong to business. A separate storage room. Frozen food margin 50%, Dry food margin 40%. Motivate vendor, Busy time is 2.00 p.m. - 6.00 p.m. A must inspection at these times.
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
$9,000
Cost of Goods
$3,600
Gross Profit
$5,400
Rent (ex GST)
$734
Electricity
$250
Total Expenses
$984
Estimated Stock (Additional)
$70,000
Net Profit
$4,416
Price
$200,000
+ Estimated Stock (SAV) $70,000
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