Asian Supermarket - Asian supermarket - No competition - Nets over $3000 p.w. - Northern Beaches. - W1892

Asian Supermarket - Asian supermarket - No competition - Nets over $3000 p.w. - Northern Beaches. - W1892

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Dee Why


Industry :
Food/Hospitality
Sub Industry :
Supermarket

Asian Supermarket - Northern Beaches - Agent SBX Code Number: W1892

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

Potential
Add more products. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping centre is large apartment complex under construction.

Features
Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.

Premises
This modern fit out, beautifully set up Asian Supermarket has an area of 161 sq.mts.

Location
Situated in shopping centre in popular Northern Beaches suburb.

Trading Hours
7 days - 900 am to 800 pm.

Lease
7 yrs. lease from November 2022, 4% rent increases. 4 months bond

Employees
1 owner (full time) + 1 part timer.

Comments
The rent includes outgoings. Near new supermarket in perfect location near 2 major stores looking for a motivated owner operator. The sale price is below the shop equipment value. 2 years sales reports can be reviewed. A must to inspect. All equipment belongs to business ( water refine machine, POS machine, 13 fridges, big sized cool room, freezers. storage 24 sq.mts. - Motivated vendor. A must inspection.

Figures
Weekly Sales $10000
Rent (ex GST) $1825
Wages $400
Profit $3425


Agent SBX Code Number: W1892 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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$140,000 + SAV

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