Northern Beaches
NSW
$350,000
Supermarket - Asian Groceries - Under ManagementPrice: $448,000Net Profit: $5,710 |
Visit this listing at https://www.sbx.com.au/business?id=F3444 |
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Business Code: F3444 Key Features: Supermarket Asian - Inner West Sydney - Managed - Sales $47000 pw - Net $5710 pw State: NSW Location: Fabulous location adjacent to major non Asian supermarket chain and large underground carpark in Inner West Sydney DescriptionSupermarket - Asian Groceries packed full of Asian essentials - a large range of fresh Asian fruit and vegetables and many other special foods. Prices are cheaper than the other non Asian major supermarkets. Provides groceries from Hong Kong, Japan, Korea and South East Asia. Amazing modern shop fit out where no expense has been spared. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business with staff.
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)$47,000Cost of Goods$29,140Gross Profit$17,860Rent$9,200Wages$2,300Misc1$650Total Expenses$12,150Estimated Stock (Additional)$120,000Net Profit$5,710Price$448,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Supermarket - Asian Groceries - Under Management
Business Code: F3444Price: $448,000
+ Estimated Stock (SAV) $120,000
Key Features: Supermarket Asian - Inner West Sydney - Managed - Sales $47000 pw - Net $5710 pw
State: NSW
Location: Fabulous location adjacent to major non Asian supermarket chain and large underground carpark in Inner West Sydney
Business Overview
Supermarket - Asian Groceries packed full of Asian essentials - a large range of fresh Asian fruit and vegetables and many other special foods. Prices are cheaper than the other non Asian major supermarkets. Provides groceries from Hong Kong, Japan, Korea and South East Asia. Amazing modern shop fit out where no expense has been spared. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business with staff.
Summary
- Key Features: Cheaper selling prices than the major supermarket chains. - Staff are mentioned as always being extremely friendly and helpful. - Extremely well stocked store with large popular range of supermarket items. The shop is clean and well organised - Long secure lease. Very modern looking shopping centre popular with locals .
- Potential: Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers and lay down a strong ongoing marketing program for the business online.
- Premises: Recently fully fitted modern professional supermarket selling at less than fit out cost with an area of 250 sq. mts. plus storage.
- Trading Hours: 7 days - 8.30 am to 7.30 pm.
- Lease: 7 year lease with a further 5 year option - 4% annual rental increases - 3 month bond
- Employees: Currently run under full management requiring 2 people plus the occasional casual at certain times during the week and year . Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business.
- Sale Reason: Other business interests
- Comments: Misc. 1 - All bill payments. - Rental includes all outgoings. - Please do not approach the staff of the business as the owners do not work in the business but contact your SBX broker for further information.
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
$47,000
Cost of Goods
$29,140
Gross Profit
$17,860
Rent (ex GST)
$9,200
Wages
$2,300
Misc1
$650
Total Expenses
$12,150
Estimated Stock (Additional)
$120,000
Net Profit
$5,710
Price
$448,000
+ Estimated Stock (SAV) $120,000
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