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Supermarket - Asian Groceries- Fruit And Vegetables - Asian Supermarket - Retail - Nets Close To $7,000 P.W.-South Sydney For Sale

Sydney, New South Wales, Australia
Asking Price:
$398,000 (AUD)
Turnover:
$2,652,000 (AUD)
Net Profit:
$360,620 (AUD)

Asian supermarket selling variety of Chinese, Korean, Japanese etc groceries, frozen food, snacks, soft drinks, daily necessities and large selection of fresh fruit and vegetables. Fully equipped shop with good working conditions. The average weekly takings are based on FY 2026 daily sales report in total $2,690,281 a year with average items of 32% gross profit.

Potential
Promote local marketing through media presence. Could apply for tobacco and liquor sales. Could add wholesale business to restaurants and cafes etc. Ideal for family business.

Features
Perfect location. - A large size and well organised and well presented Asian supermarket.- Long established.- Well known by locals. -Stable business with regular customers. - Great growth potential. Well priced to sell.

Premises
Very tidy, bright and spacious Asian supermarket with shop area approx.. 500 sqm including storage, working prepare area and an office plus downstairs large storeroom, cool room and freezer room, loading zoom in total area around 300 sq.mts..

Location
Prime location on busy shopping street in South Sydney area.

Trading Hours
7 days - 9 am to 830 pm.

Lease
5 + 5 years lease commenced 27th May 2022. - 3.3% annual increases.- 4 months bank guarantee $74476.17.

Employees
Two owners plus one full time staff and 3 casuals.

Comments
The outgoings includes council rates, water rates and land tax. - Misc.- 1- refers to a delivery truck cost and general business expenses. The vendor goes to market buying fruit and vegetables 3 times a week.- A highly profitable Asian supermarket- a rare opportunity not to be missed. - Inspection must be through SBX Business Brokers.

Property Information

Location:

Prime location on busy shopping street in South Sydney area.

Business Operation

Expansion Potential:

Promote local marketing through media presence. Could apply for tobacco and liquor sales. Could add wholesale business to restaurants and cafes etc. Ideal for family business.

Trading hours:

7 days - 9 am to 830 pm.

Employees:
Two owners plus one full time staff and 3 casuals.
Years established:
Many years