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Asian -Chinese Supermarket - Retail - Supermarket - Asian - Takings $70,000 P.W - Nets $10,000 P.W - Inner West Nsw For Sale

Sydney, New South Wales, Australia
Asking Price:
$620,000 (AUD)
Sales Revenue:
$3,640,000 (AUD)
Cash Flow:
$520,000 (AUD)

Supermarket selling a wide range of Chinese / Asian groceries, soft drinks, snacks, frozen food and daily fresh vegetables. - It has a cool room, storage room, staff rest room and an office.- Installed solar on roof to save on big electricity bill.

Potential
Do more marketing. - Add more products. -Develop wholesale business to many local restaurants. - More high rise apartments being built near by will raise the business performance.

Features
Great shopping street centre location. - Well known by local Asian customers. - High turnover with good margins. - Stable income for many years. - Long lease with reasonable rent. - Great potential.

Premises
Well presented supermarket with an area approx 220 m2.

Location
Perfect and very busy location on major shopping street in Inner West suburb.

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

Lease
Renewed 5 + 5 years lease commenced Nov. 2019. - Annual 4% increases. - 3 months bond

Employees
2 owners ( 1 working 4 days and 1 working 3 days ) + 5 casuals

Comments

Property Information

Location:

Perfect and very busy location on major shopping street in Inner West suburb.

Business Operation

Expansion Potential:

Do more marketing. - Add more products. -Develop wholesale business to many local restaurants. - More high rise apartments being built near by will raise the business performance.

Trading hours:

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

Employees:
2 owners ( 1 working 4 days and 1 working 3 days ) + 5 casuals
Years established:
Many years

Contact Information

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