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Asian Groceries - Asian Grocery - Asian Supermarket - Convenience Store - Supermarket Asian - Full Financials Available - Net $3000 P.W - Nth Beaches Nsw For Sale

Sydney, New South Wales, Australia
Asking Price:
$225,000 (AUD)
Sales Revenue:
$766,792 (AUD)
Cash Flow:
$156,000 (AUD)

Supermarket - Asian grocery selling dry - cold - frozen goods and a small mix of fresh fruit and vegetables. Korean, Chinese, Filipino, Japanese, Thai and Vietnamese food lines.Same original owners 31 years.Full financials available.Stock can be reduced to minimum to suit buyer.Business has not been impacted by Covid19 .Full financials available.

Potential
Densely populated suburbs with more new constructions underway. Start advertising and social media. Manage stock digitally. Make better use of space.

Features
Established 30 years and highly profitable. Low rent. Affluent area with long-standing customer base.Short trading hours for this type of business.Business has not been impacted by Covid19 .Genuine owners retiring.

Premises
Approximately 150m square meters , double-frontage, with large storage area, walk- in cool room, kitchen, and two bathrooms.

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

Trading Hours
7 days - 10 a.m. to 6 p.m.

Lease
Current lease expires 28th February, 2021 with option to renew to 2027 - -.-.-. increases - 3 month bond

Employees
Two owners working - does not require two people all the time.

Comments

Property Information

Location:

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

Business Operation

Expansion Potential:

Densely populated suburbs with more new constructions underway. Start advertising and social media. Manage stock digitally. Make better use of space.

Trading hours:

7 days - 10 a.m. to 6 p.m.

Employees:
Two owners working - does not require two people all the time.
Years established:
1990

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