Supermarket – Asian Groceries

For Sale

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Northern Beaches

Business Code: W1937

$225,000
+ Estimated Stock (SAV) $75000
Key Features: Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. - Established 8 years. Regular customers.
State: NSW
Suburb: Dee Why
Location: Situated in shopping arcade in Northern Beaches with lots of passing trade.
Premises: This business has an area of 105 sq. mts. - including storage + cool room
Price not disclosed

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Private reasons

Sale Reason

8 yrs

Established

Shopping centre car park

Parking

1 owner full time +1 part timer (3:30 p.m. - 7:30 p.m.( 4 hrs per day)

Employees

7 days - 9:00 am to 7:30 pm.

Trading Hours

5 + 5 year lease from November 2020 - 3 months bond, Rent increases by 3.5%

Lease

Asian Grocery – Supermarket selling Korean and Japanese 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, spacing gives products maximum display and accessibility. No similar businesses around this area – high margin business with separate cool room, fridge room installed for fruit and vegetables.

Features

Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. - Established 8 years. Regular customers.

Potential

Add more Chinese products as well as Indian. Suits family business . Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area. - Do some local marketing and advertising. - Add more vegetables and fruits.

Comments

High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training for 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$12500
Cost of Goods
$5000
Gross Profit
$7500
Rent
$1000
Wages
$550
Insurance
$82
Electricity
$350
Total Expenses
$1982
Estimated Stock
(Additional)
$75000
Net Profit
$5518
Price
$225,000
+ Estimated Stock (SAV) $75000
Price
$225,000
+ Estimated Stock (SAV) $75000
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