Visit this listing at https://www.sbx.com.au/business?id=W1971

Business Code: W1971

Key Features: Asian Supermarket - Shopping centre location - Northern Beaches Syd,

State: NSW

Location: Situated in shopping centre in popular Northern Beaches suburb.

Description

Supermarket mainly selling Korean, Chinese,Thai, Indonesian groceries, snacks, soft drinks, frozen food - Good margins around 40% of sales. The business was established 2021 and cost more than $200K, Currently no sale of cigarettes. high quality products with high margins

Summary

  • Features: Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.
  • Potential: There are much more opportunities to expand the store and add more products such as cigarettes, alcohol, a bigger variety of goods etc. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping center is large apartment complex under construction. Can suit any business
  • Premises: This modern fit out, beautifully set up Asian Supermarket has an area of 161sqm
  • Trading Hours: 7 days - 9:00 am to 8:00 pm
  • Lease: 7 years from November 2022 - 4% rent increases - 4months bond
  • Employees: 1 owner full time + 1 part timer
  • Sale Reason: Private reasons
  • Comments: The rent includes outgoings. Near new supermarket in perfect location near 2 major stores. The sale business price is below the shop equipment value. All equipment belongs to business ( water refiner machine, POS machine. 13x fridges, big sized cool room, freezer storage 24sq.mts - 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)

$8,000

Cost of Goods

$4,800

Gross Profit

$3,200

Rent

$2,000

Wages

$350

Insurance

$30

Electricity

$300

Total Expenses

$2,680

Estimated Stock (Additional)

$35,000

Net Profit

$520

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Asian Supermarket

Business Code: W1971
Price: $80,000
+ Estimated Stock (SAV) $35,000

Key Features: Asian Supermarket - Shopping centre location - Northern Beaches Syd,

State: NSW

Location: Situated in shopping centre in popular Northern Beaches suburb.

Business Overview

Supermarket mainly selling Korean, Chinese,Thai, Indonesian groceries, snacks, soft drinks, frozen food - Good margins around 40% of sales. The business was established 2021 and cost more than $200K, Currently no sale of cigarettes. high quality products with high margins

Summary

  • Key Features: Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.
  • Potential: There are much more opportunities to expand the store and add more products such as cigarettes, alcohol, a bigger variety of goods etc. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping center is large apartment complex under construction. Can suit any business
  • Premises: This modern fit out, beautifully set up Asian Supermarket has an area of 161sqm
  • Trading Hours: 7 days - 9:00 am to 8:00 pm
  • Lease: 7 years from November 2022 - 4% rent increases - 4months bond
  • Employees: 1 owner full time + 1 part timer
  • Sale Reason: Private reasons
  • Comments: The rent includes outgoings. Near new supermarket in perfect location near 2 major stores. The sale business price is below the shop equipment value. All equipment belongs to business ( water refiner machine, POS machine. 13x fridges, big sized cool room, freezer storage 24sq.mts - 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

$8,000

Cost of Goods

$4,800

Gross Profit

$3,200

Rent (ex GST)

$2,000

Wages

$350

Insurance

$30

Electricity

$300

Total Expenses

$2,680

Estimated Stock (Additional)

$35,000

Net Profit

$520

Price

$80,000
+ Estimated Stock (SAV) $35,000

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