Supermarket – Asian Groceries – Under Management

For Sale

·
Northern Beaches

Business Code: F3445

$350,000
+ Estimated Stock (SAV) $100000
Key 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 .
State: NSW
Suburb: Belrose
Location: Fabulous location directly opposite the main entry as you walk into the shopping centre in the Northern Beaches
Premises: This business has an area of 229 sq. mts. plus storage and fully fitted modern professional fit out.
Price not disclosed

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Other business interests .

Sale Reason

No year data

Established

Major car park available for customers

Parking

Currently run under full management the business requires 2 people plus the occasional casual at certain times during the week and year . The profit shown is based on one working owner running the business.

Employees

7 days - 8 am to 6.30 pm.

Trading Hours

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

Lease

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. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business.

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 .

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.

Comments

Misc - l. - All bill payments - Rent includes all outgoings. - Please do not approach the staff of the business as the owners do not work in the business. Contact your SBX Business Broker for further information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$28000
Cost of Goods
$16800
Gross Profit
$11200
Rent
$4900
Wages
$1200
Telephone
$25
Insurance
$120
Electricity
$800
Misc 1
$600
Total Expenses
$6700
Estimated Stock
(Additional)
$100000
Net Profit
$4500
Price
$350,000
+ Estimated Stock (SAV) $100000
Price
$350,000
+ Estimated Stock (SAV) $100000
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