Supermarket mainly selling Chinese / Asian, Korean, Thai, Indonesian groceries, snacks, soft drinks, frozen food. - Good margins around 40% of sales. The business was established in 2021 and cost more than $200k. Currently no sale of cigarettes. High quality products with high margins.
Potential
Add more products. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping centre is large apartment complex under construction.
Features
Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.
Premises
This modern fit out, beautifully set up Asian Supermarket has an area of 161 sq.mts.
Location
Situated in shopping centre in popular Northern Beaches suburb.
Trading Hours
7 days - 900 am to 800 pm.
Lease
7 yrs. lease from November 2022, 4% rent increases. 4 months bond
Employees
1 owner (full time) + 1 part timer.
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