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Asian Supermarket-Retail-Under Management - Asian Supermarket-Under Management-Net $5195 P.W.-North West Area For Sale

Sydney, New South Wales, Australia
Asking Price:
$280,000 (AUD)
Sales Revenue:
$2,548,000 (AUD)
Cash Flow:
$270,140 (AUD)

Supermarket selling Chinese, Japanese, Korean, Malaysia, Philippines etc East Asian products including groceries, snacks, frozen food, soft drinks and daily necessities. No sale of cigarettes. Good margins average 36% of sales. The business is run by management term.

Potential
Promote marketing. Add home delivery. Add wholesale for local restaurants and cafes. Ideal for family business to reduce the wages and make more profit.- Great potential as the area population grows.

Features
Excellent location. No competition. Established 7 years. Under management. Well known by local Asian customers.

Premises
Modern and East Asian style designed shop with an area approx. 350 m2 including store room, office and cool room.

Location
Prime location in North West major shopping centre.

Trading Hours
7 days, 9 am to 6 pm. Thursday till 9 p.m.

Lease
9 years lease commenced June 2017. 5% annual increases. 3 months bank guarantee.

Employees
Under management - One Manager + 3 staff

Comments

Property Information

Location:

Prime location in North West major shopping centre.

Business Operation

Expansion Potential:

Promote marketing. Add home delivery. Add wholesale for local restaurants and cafes. Ideal for family business to reduce the wages and make more profit.- Great potential as the area population grows.

Trading hours:

7 days, 9 am to 6 pm. Thursday till 9 p.m.

Employees:
Under management - One Manager + 3 staff
Years established:
2017