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Chinese Supermarket -Asian Groceries -Retail - Chinese / Asian Supermarket -Inner West Popular Area -Net $4935 P.W.-Urgent Sale For Sale

Sydney, New South Wales, Australia
Asking Price:
$300,000 (AUD)
Sales Revenue:
$2,340,000 (AUD)
Cash Flow:
$256,620 (AUD)

Supermarket selling a wide range of Chinese / Asian groceries, snacks, soft drinks, frozen food and daily fresh Asian vegetables. The shop installed solar system on roof to save on big electricity bill.

Potential
Add more products. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales.

Features
Great location. Long established. Well known by local Asian customers. Stable income for many years. Great growth potential. Well priced for urgent sale.

Premises
Well presented supermarket with an area approx. 250 m2 includes an office, a cool room, several store rooms and 2 parking spaces at rear.

Location
Very busy location in centre of shopping street in popular Inner West suburb.

Trading Hours
7 days - 9 am to 9 pm.

Lease
5 + 5 years lease commenced November 2019. - 4% annual increases. - 3 months bond.

Employees
One owner + 2 staff + 2 casuals

Comments

Property Information

Location:

Very busy location in centre of shopping street in popular Inner West suburb.

Business Operation

Expansion Potential:

Add more products. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales.

Trading hours:

7 days - 9 am to 9 pm.

Employees:
One owner + 2 staff + 2 casuals
Years established:
Many years