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Asian Supermarket - Under Management - Asian Supermarket - Eastern Suburbs - Sydney - Sales $50,000 P.W - High Margins For Sale

Sydney, New South Wales, Australia
Asking Price:
$380,000 (AUD)
Sales Revenue:
$2,600,000 (AUD)
Cash Flow:
$214,812 (AUD)

Supermarket selling a wide range of Chinese / Asian groceries, soft drinks, snacks, frozen food and daily fresh vegetables. Stock $200,000. Original owner since 2006. Very high margins. Profit shown is for one working owner.

Potential
Currently trading under management, huge potential for owner operators to improve the sales and save on wages.

Features
Great location. Very high margins. No direct competition. Easy to operate. Under management

Premises
This business has an area of 200 m2 with a top fit out.

Location
Perfect location in high foot traffic shopping centre in Sydney Eastern Suburbs.

Trading Hours
7 days, 9 am to 7 pm.

Lease
Current lease expires 28th September 2025. 5% annual increases. 3 months bank guarantee. New lease available to approved buyer.

Employees
Manager plus 3 - 4 casuals.

Comments

Property Information

Location:

Perfect location in high foot traffic shopping centre in Sydney Eastern Suburbs.

Business Operation

Expansion Potential:

Currently trading under management, huge potential for owner operators to improve the sales and save on wages.

Trading hours:

7 days, 9 am to 7 pm.

Employees:
Manager plus 3 - 4 casuals.
Years established:
2006