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Listing ID: 2963192

Business - Supermarket Great business For Sale

Sydney, NSW, Australia

$448000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Asian Grocery - Asian Supermarket - Convenience Store - Northern Beaches
SBX Business Code: F3264
Supermarket - Asian groceries selling dry / cold / frozen goods and a small mix of fresh fruit and vegetables. - Korean, Chinese, Filipino, Japanese, Thai and Vietnamese food lines. - Fridges and freezers recently replaced with new.Two page confidentiality required before full details will be disclosed.

Potential
Suburb growing quickly with hundreds of new apartments in construction and council upgrades. - Start advertising and social media. - Expand product lines and make better use of space. - Manage stock digitally.

Features
High profit margins - Low rent - Established 28 years - Profitable - Point of sale systems and security cameras in place. - Great lifestyle - Affluent area - Loyal customer base including many restaurateur shoppers.

Premises
Large, double-frontage premises with an area of approx. 150 sq. mts. with kitchen, four storage areas, walk-in coolroom and two bathrooms.

Location
The business is surrounded by apartments and opposite large council car park.

Trading Hours
7 days - 10 a.m. to 7 p.m.

Lease
Current lease expires 28th February, 2021 - C.P.I. increases - 3 month bond

Employees
Two full time owners working.

Comments
First time on the market and a must to inspect - Full financial figures can be obtained from the vendor after a satisfactory meeting has been held between both parties. - Stock can be reduced to minimum to suit buyer. - The business has grown organically by word of mouth alongside growth of the area. - No money has been spent on advertising or promotion.
Figures
Weekly Sales $16800
Rent (ex GST) $841
Wages $0
Profit $5000


SBX Business Code: F3264

SBX Business Brokers

Property Details

Other Details

Premise Details:

High profit margins - Low rent - Established 28 years - Profitable - Point of sale systems and security cameras in place. - Great lifestyle - Affluent area - Loyal customer base including many restaurateur shoppers.

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