Asian Supermarket

For Sale

·
Northern Beaches

Business Code: W1892

$140,000.00
+ Estimated Stock (SAV) $80000
Key Features: Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.
State: NSW
Suburb: Dee Why
Location: Situated in shopping centre in popular Northern Beaches suburb.
Premises: This modern fit out, beautifully set up Asian Supermarket has an area of 161 sq.mts.
Price not disclosed

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Private reasons.

Sale Reason

2 yrs

Established

Shopping centre car park

Parking

1 owner (full time) + 1 part timer.

Employees

7 days - 9:00 am to 8:00 pm.

Trading Hours

7 yrs. lease from November 2022, 4% rent increases. 4 months bond

Lease

Supermarket mainly selling Chinese / Asian, Korean, Thai, Indonesian groceries, snacks, soft drinks, frozen food. – Good margins around 40% of sales. The business was established in 2021 and cost more than $200k. Currently no sale of cigarettes. High quality products with high margins.

Features

Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.

Potential

Add more products. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping centre is large apartment complex under construction.

Comments

The rent includes outgoings. Near new supermarket in perfect location near 2 major stores looking for a motivated owner operator. The sale price is below the shop equipment value. 2 years sales reports can be reviewed. A must to inspect. All equipment belongs to business ( water refine machine, POS machine, 13 fridges, big sized cool room, freezers. storage 24 sq.mts. - Motivated vendor. A must inspection.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$4000
Gross Profit
$6000
Rent
$1825
Wages
$400
Electricity
$350
Total Expenses
$2575
Estimated Stock
(Additional)
$80000
Net Profit
$3425
Price
$140,000.00
+ Estimated Stock (SAV) $80000

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