Supermarket selling Chinese groceries, snacks, frozen food, cigarettes, and daily fresh vegetables, etc.
The takings include wholesale to local restaurants. Busy trading times are evenings and weekends.
Potential:
Do more marketing. Add more products. Ideal for a family business.
Could convert to a different type of Asian Supermarket.
Features:
Great location. Long-established for many years. Regular customers. A long lease with reasonable rent. Stable profit. 4 bedrooms upstairs can be used for living or rented for extra income.
Premises:
A well-presented shop with an area of approx. 150 m2 plus 4 bedrooms upstairs.
Location:
Prime street-front location in a busy shopping street in a popular Inner West suburb.
Trading Hours:
7 days - 9:30 am to 11 pm.
Lease:
5 + 5 years lease commenced in June 2020. 3% annual increases. 3 months bond.
Employees:
One owner + 1 full-time staff.
