Supermarket- Chinese Groceries -Asian Food - Supermarket - North West Sydney developing suburb- Bargain offer - M2216

Supermarket- Chinese Groceries -Asian Food - Supermarket - North West Sydney developing suburb- Bargain offer - M2216

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Ryde


Industry :
Food/Hospitality - Supermarket ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Supermarket- Chinese Groceries -Asian Food - North West Sydney - Agent SBX Code Number: M2216

Supermarket mainly selling Chinese groceries, snacks, frozen food, soft drinks etc. Long established for 7 years. Fully equipped. The business is not being sold figures and the sale price is for shop fitout only. Urgent sale due to current owner not being able to operate the business.

Potential
Could convert to Asian supermarket ( India or Korean groceries etc. ) or convenience store. Add fruit and vegetables. Promote market. Suits a motivated owner operator to boost sales.

Features
Good location. Developing area with more population. Great potential. Bargain price.

Premises
Well presented shop with an area of approx. 110 m2 including store room.

Location
Street front location surrounded by a group of high rise apartments in North West suburb.

Trading Hours
7 days - Currently trades 12 pm to 8 pm. -Usually 8 a.m. - 8 p.m.

Lease
5 + 5 year lease commenced September 2017. - 5% increases. - 3 months bond. - New lease available.

Employees
One staff operator

Comments
The outgoings includes water, strata and council rates. The sale price is well below the shop fit out and equipment value. A must to inspect.

Figures
Weekly Sales $0
Rent (ex GST) $1362
Wages $0
Profit $0


Agent SBX Code Number: M2216 - 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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