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Asian - Chinese Supermarket - Retail - Asian Supermarket - Lower North Shore Area -profit $4890 P.w. For Sale

Sydney, New South Wales, Australia
Asking Price:
$410,000 (AUD)
Sales Revenue:
$2,028,000 (AUD)
Cash Flow:
$254,280 (AUD)

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

Property Information

Location:

Prime street front location in Lower North Shore area.

Business Operation

Expansion Potential:

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

Trading hours:

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

Employees:
2 owners ( 1 working full time and 1 part time) + 5-6 casuals.
Years established:
Many years

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