Asian - Chinese Supermarket - Retail - Asian supermarket - Lower North Shore area -Profit $4890 p.w. - M2146

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Asian - Chinese Supermarket - Retail - Lower North Shore - Agent SBX Code Number: M2146

Supermarket selling a wide range of Asian / Chinese / Japanese groceries, frozen food, daily necessities, soft drinks, snacks and daily fresh vegetables etc. - It has a large cool room, storage room and an office. - Some of the premises is sub-leased to butcher shop. -Current years turnover is $2,180,205

Potential
Do more marketing. - Add more products. -Add home delivery. - Add wholesale to local restaurants and cafes.

Features
Good location. - Established many years. -Well known by local Asian customers. - Great potential to develop the business. - No direct competition

Premises
Well presented supermarket with an area approx. 400m2 plus 19 parking spaces underbuilding.

Location
Prime street front location in Lower North Shore area.

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

Lease
3 + 3 years lease commenced Jan. 2022. - 3% increases. - 3 months bond.

Employees
2 owners ( 1 working full time and 1 part time) + 5-6 casuals.

Comments
The rent includes all outgoings. - Total weekly rent is $4106 including GST, sub-leased to butcher shop and receiving $1273 p.w. the current weekly rent payable is $2833 including GST. - Misc.- 1-Refers to bank fees, rubbish removal etc. - A very large size Asian supermarket with large rooms to develop to higher level. - A weekly sales report is available to review for serious buyers. - Please do not speak to anyone when visiting the premises. - Inspection must be through business brokers.

Figures
Weekly Sales $39000
Rent (ex GST) $2833
Wages $2700
Profit $4890


Agent SBX Code Number: M2146 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$410,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2068

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
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New South Wales
Australia
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