Asian Supermarket - Groceries - Retail - New
developing area. Great location. - M2071

Industry: Food/Hospitality - Supermarket | Listed by: SBX Business Brokers
Key Strengths
About this business
Asian Supermarket - Groceries - Retail - Inner West - Agent SBX Code Number: M2071

Supermarket serving Chinese and Asian groceries and frozen food and soft drinks (70% of sales ), daily fresh vegetables (20% of sales ) and cigarettes (10% of sales ). - Average 30% gross profit.

Potential
Suit family business. - Could save on wages and increase profit if owner worked full-time in the business - Could add coffee and food or bubble tea which is allowed by current lease. - Lots of new high rise apartments have being built nearby which will bring more Asian customers.

Features
Good location with more and more Asian background residents. - Newly fitted out shop. - Long lease. - Great potential.

Premises
Well presented shop with an area of approx. 100 m2. plus outside 50 m2 seating area.

Location
Prime location under large residential building and opposite new shopping centre in Inner West

Trading Hours
7 days - 9 a.m.- 10 p.m.

Lease
4 + 4 years lease from April, 2017. - 4% annual increases. - 3 months bond.

Employees
One owner ( part time ) + 2 staff

Comments
A great business in a new and developing suburb with high density residential. - Ideal for family business. - A must to inspect.

Figures
Weekly Sales $27000
Rent (ex GST) $2600
Wages $2000
Profit $2715


Agent SBX Code Number: M2071 - SBX Business Brokers
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Location:
NSW
Asking Price:
$250,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
2600
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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Asian Supermarket - Groceries - Retail - New developing area. Great location. - M2071 ListingImage
About this business
Asian Supermarket - Groceries - Retail - Inner West - Agent SBX Code Number: M2071

Supermarket serving Chinese and Asian groceries and frozen food and soft drinks (70% of sales ), daily fresh vegetables (20% of sales ) and cigarettes (10% of sales ). - Average 30% gross profit.

Potential
Suit family business. - Could save on wages and increase profit if owner worked full-time in the business - Could add coffee and food or bubble tea which is allowed by current lease. - Lots of new high rise apartments have being built nearby which will bring more Asian customers.

Features
Good location with more and more Asian background residents. - Newly fitted out shop. - Long lease. - Great potential.

Premises
Well presented shop with an area of approx. 100 m2. plus outside 50 m2 seating area.

Location
Prime location under large residential building and opposite new shopping centre in Inner West

Trading Hours
7 days - 9 a.m.- 10 p.m.

Lease
4 + 4 years lease from April, 2017. - 4% annual increases. - 3 months bond.

Employees
One owner ( part time ) + 2 staff

Comments
A great business in a new and developing suburb with high density residential. - Ideal for family business. - A must to inspect.

Figures
Weekly Sales $27000
Rent (ex GST) $2600
Wages $2000
Profit $2715


Agent SBX Code Number: M2071 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:2600

Trading Hours:

Website:

$250,000

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