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Supermarket - Asian Groceries - Under Management - Supermarket Asian - Nth Beaches Syd - Fully Managed Sales $34000 Pw Net $4.5k Pw For Sale

Sydney, New South Wales, Australia
Asking Price:
$468,000 (AUD)
Sales Revenue:
$1,768,000 (AUD)
Cash Flow:
$234,000 (AUD)

Supermarket - Asian Groceries packed full of Asian essentials - a large range of good fresh asian fruit and vegetables and many other special foods , prices are cheaper than the other non asian major supermarkets. The new go to Asian store on the North Shore and the Northern Beaches providing groceries from Hong Kong, Japan, Korea, and South East Asia. Amazing modern shop fit out where no expense has been spared. A keen new owner operator can significantly reduce the wage costs of the business helping to increase the weekly profits.Net profit is $4000 to $4,500 per week.

Potential
Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers and lay down a strong ongoing marketing program for the business online.

Features
Cheaper selling prices than the major supermarket chains - Staff are mentioned as always being extremely friendly and helpful - Extremely well stocked store with large popular range of supermarket items. - The shop is clean and well organised. - Long secure lease. Very modern looking shopping centre popular with locals .

Premises
This business has an area of 229 sq. mts. plus storage and fully fitted modern professional fit out.

Location
Fabulous location directly opposite the main entry as you walk into the shopping centre in the Northern Beaches

Trading Hours
7 days - 8 am to 6.30 pm.

Lease
7 year lease commenced 06.22 with a further 5 year option - 4 % annual rental increases - 3 month bond

Employees
Currently run under full management the business requires 2 people plus the occasional casual at certain times during the week and year .

Comments

Property Information

Location:

Fabulous location directly opposite the main entry as you walk into the shopping centre in the Northern Beaches

Business Operation

Expansion Potential:

Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers and lay down a strong ongoing marketing program for the business online.

Trading hours:

7 days - 8 am to 6.30 pm.

Employees:
Currently run under full management the business requires 2 people plus the occasional casual at certain times during the week and year .