Inner West
NSW
$360,000
Retail - Asian Groceries - Under ManagementPrice: $450,000Net Profit: $4,515 |
Visit this listing at https://www.sbx.com.au/business?id=W1963 |
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Business Code: W1963 Key Features: Korean & Asian Groceries - Inner West - Takings $42,000 p.w. State: NSW Location: Situated close to 2 major supermarkets in the Inner West. DescriptionRetail Korean grocery store. known for its impressive variety of products, It offers everything from traditional Korean dishes to Japanese and Chinese goods . Customers appreciate the clean and organised layout, along with the friendly staff who are always ready to assist. Has a strong focus on frozen foods and unique ingredients, Quality reviews highlight the excellent quality of food items, particularly frozen meals and fresh seafood, which many customers describe as almost restaurant-quality. The store boasts an extensive range of products, including rare Korean groceries and prepared meal sets that cater to diverse culinary needs. - 15 fridges + freezer with 48 doors. 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)$42,000Cost of Goods$26,040Gross Profit$15,960Rent$4,925Wages$3,750Telephone$40Insurance$30Electricity$2,700Total Expenses$11,445Estimated Stock (Additional)$165,000Net Profit$4,515Price$450,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Retail - Asian Groceries - Under Management
Business Code: W1963Price: $450,000
+ Estimated Stock (SAV) $165,000
Key Features: Korean & Asian Groceries - Inner West - Takings $42,000 p.w.
State: NSW
Location: Situated close to 2 major supermarkets in the Inner West.
Business Overview
Retail Korean grocery store. known for its impressive variety of products, It offers everything from traditional Korean dishes to Japanese and Chinese goods . Customers appreciate the clean and organised layout, along with the friendly staff who are always ready to assist. Has a strong focus on frozen foods and unique ingredients,
Quality reviews highlight the excellent quality of food items, particularly frozen meals and fresh seafood, which many customers describe as almost restaurant-quality. The store boasts an extensive range of products, including rare Korean groceries and prepared meal sets that cater to diverse culinary needs. - 15 fridges + freezer with 48 doors.
Summary
- Key Features: Google rating 5.0 - Convenient location. - Many users commend the vast selection of Korean products and the high quality of frozen foods.- The store's cleanliness and organisation also receives positive remarks alongside attentive customer service.
- Potential: Perfect business for family - Open home delivery to surrounding apartments and houses.- Add more Chinese, Japanese groceries. -Promotion and marketing through local papers and internet.
- Premises: Ground floor has an area of 357 sq.mts. and upstairs 120 sq. mts.
- Trading Hours: 7 days - 8:30 a.m - 8:00 p.m
- Lease: Current lease expires November, 2028 + 7yrs option- Bond $60,500, - Rent increases by 3% per year.
- Employees: Fully under Management - 6 part timers
- Sale Reason: Private reasons (too many businesses.)
- Comments:
This supermarket is a go-to destination for anyone looking to explore Asian cuisine. -Upstairs has an office, 2 toilets, sink, food preparation stand and big cool room installed.
- Vendor is really motivated to sell this business. Please contact your SBX broker, - Staff are not aware.
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
$42,000
Cost of Goods
$26,040
Gross Profit
$15,960
Rent (ex GST)
$4,925
Wages
$3,750
Telephone
$40
Insurance
$30
Electricity
$2,700
Total Expenses
$11,445
Estimated Stock (Additional)
$165,000
Net Profit
$4,515
Price
$450,000
+ Estimated Stock (SAV) $165,000
Enquire about this listing
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.