North West Sydney
NSW
$300,000
Supermarket - Retail - Asian GoodsPrice: $680,000Net Profit: $12,115 |
Visit this listing at https://www.sbx.com.au/business?id=W1966 |
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Business Code: W1966 Key Features: Grocery store - Korean, Japanese & Chinese goods - Nets over $12,000 p.w. State: NSW Location: Perfect location in Upper North Shore high foot traffic major shopping centre. DescriptionRetail Korean grocery store. known for its impressive variety of products, It offers everything from traditional Korean dishes to Japanese and Chinese goods, a large range of fresh Asian fruit and vegetables and especially huge range of Korean frozen, ready to eat special foods. - Prices are cheaper than the other non Asian major supermarkets. Amazing modern shop fit out with all equipment including numerous wall attached chillers and fridges are newly installed. 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)$84,921Cost of Goods$52,651Gross Profit$32,270Rent$9,568Wages$8,412Outgoings$222Telephone$100Insurance$250Electricity$1,500Misc1$90Misc2$13Total Expenses$20,155Estimated Stock (Additional)$150,000Net Profit$12,115Price$680,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Supermarket - Retail - Asian Goods
Business Code: W1966Price: $680,000
+ Estimated Stock (SAV) $150,000
Key Features: Grocery store - Korean, Japanese & Chinese goods - Nets over $12,000 p.w.
State: NSW
Location: Perfect location in Upper North Shore high foot traffic major shopping centre.
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, a large range of fresh Asian fruit and vegetables and especially huge range of Korean frozen, ready to eat special foods. - Prices are cheaper than the other non Asian major supermarkets. Amazing modern shop fit out with all equipment including numerous wall attached chillers and fridges are newly installed.
Summary
- Key Features: Great location in a major modern shopping centre - Under management - Extremely well stocked store with large popular range of Asian supermarket items. - The shop is clean and well organised - Long secure lease.
- Potential: Add more Chinese, Japanese groceries. Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers.
- Premises: State of art recent quality fit-out with an area of 428 sq.mts. including store room
- Trading Hours: 7 days - 8:40 a.m to 7:00 p.m.
- Lease: 10 yrs lease from December 2022 - Bond 4 months - Rent increases by 4% per year.
- Employees: Fully under Management - 1 Manager + 6 part timers
- Sale Reason: Many businesses - too busy
- Comments:
Normal closing time is by 8:40 a.m. - 5:00 p.m. Opening longer hours costs extra rent per hour. Many kinds of frozen Korean food are supplied by Vendor's trading company. Motivated vendor. A must inspection. Contact vendor through your SBX broker.
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
$84,921
Cost of Goods
$52,651
Gross Profit
$32,270
Rent (ex GST)
$9,568
Wages
$8,412
Outgoings
$222
Telephone
$100
Insurance
$250
Electricity
$1,500
Misc1
$90
Misc2
$13
Total Expenses
$20,155
Estimated Stock (Additional)
$150,000
Net Profit
$12,115
Price
$680,000
+ Estimated Stock (SAV) $150,000
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.