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Asian Groceries - Asian Grocery - Asian Supermarket - Convenience Store - Profit $5,000 Pw - Asian Supermarket - Convenience Store - High Profit Margins - Low Rent - Same Owner 28 Years - Nth Beaches Nsw . For Sale

Sydney, New South Wales, Australia
Asking Price:
$375,000 (AUD)
Sales Revenue:
$873,600 (AUD)
Cash Flow:
$260,000 (AUD)

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 - -.-.-. increases - 3 month bond

Employees
Two full time owners working.

Comments

Property Information

Location:

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

Business Operation

Expansion 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.

Trading hours:

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

Employees:
Two full time owners working.
Years established:
1990

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