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Convenience Store - Asian Groceries - Asian Groceries - Netting $6484 P.W. Takings Over $24,500 P.W. Inner West Syd For Sale

Sydney, New South Wales, Australia
Asking Price:
$280,000 (AUD)
Sales Revenue:
$1,274,000 (AUD)
Cash Flow:
$337,168 (AUD)

Grocery - convenience store selling Korean and Chinese groceries such as snacks, cans & jars, sauce and condiments, meat, seasoning, pasta, rice, seaweed, frozen fish, fruit and veg, soft drinks, at very competitive pricing. Excellent shelving at wide spacing gives products maximum display and accessibility. No similar businesses around this area - high margin business (50% of sales) storage with cool room. Liquor licence obtained and sells liquor as well until 10 -.-.---- sales of $5,500 p.w.

Potential
Suit Chinese or Korean family business.- Do some local marketing and advertising. Add more vegetables and fruits. A good size family business.

Features
Prime location. - A good size Asian grocery store. - All fridges and equipment near new condition.

Premises
Good sized premises with large basement floor with cool room.- Ground floor 103 sq.mts - Basement (storage, cool room) 50 sq.mts. plus own lift to move goods.

Location
Prime street front location in commercial and apartments complex area surrounded by shops in Inner West

Trading Hours
7 days - Mon. - Sun. - 900 a.m. - 1000 p.m.

Lease
Shop owner is Landlord. - New 5 + 5 year lease is available. Rent increases by 4% per year, Bond 3 months

Employees
1 owner (20 hrs. p.w.) + 1 full timer + 1 part timer

Comments

Property Information

Location:

Prime street front location in commercial and apartments complex area surrounded by shops in Inner West

Business Operation

Expansion Potential:

Suit Chinese or Korean family business.- Do some local marketing and advertising. Add more vegetables and fruits. A good size family business.

Trading hours:

7 days - Mon. - Sun. - 900 a.m. - 1000 p.m.

Employees:
1 owner (20 hrs. p.w.) + 1 full timer + 1 part timer
Years established:
7 yrs