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Supermarket - Chinese Groceries - Chinese Supermarket -Inner West -4 Bedrooms Attached- Net $2270 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$185,000 (AUD)
Sales Revenue:
$884,000 (AUD)
Cash Flow:
$118,040 (AUD)

Supermarket selling Chinese groceries, snacks, frozen food, cigarettes, daily fresh vegetables etc. The takings include wholesale to local restaurants. Busy trading time is evening and weekend.

Potential
Do more marketing. Add more products. Ideal for family business. Could convert to different type of Asian Supermarket.

Features
Great location. Long established for many years. Regular customers. Long lease with reasonable rent. Stable profit. 4 bedrooms upstairs can be living or rented for extra income.

Premises
Well presented shop with an area of approx. 150 m2 plus 4 bedrooms upstairs.

Location
Prime street front location in busy shopping street in popular Inner West suburb.

Trading Hours
7 days - 930 am to 11 pm.

Lease
5 + 5 years lease commenced June 2020. 3% annual increases. 3 months bond.

Employees
One owner + 1 full time staff

Comments

Property Information

Location:

Prime street front location in busy shopping street in popular Inner West suburb.

Business Operation

Expansion Potential:

Do more marketing. Add more products. Ideal for family business. Could convert to different type of Asian Supermarket.

Trading hours:

7 days - 930 am to 11 pm.

Employees:
One owner + 1 full time staff
Years established:
Many years