Supermarket – Asian Groceries- Fruit and Vegetables

For Sale

·
South Sydney

Business Code: M2287

$398,000
+ Estimated Stock (SAV) $180000
Key Features: Perfect location. - A large size and well organised and well presented Asian supermarket.- Long established.- Well known by locals. -Stable business with regular customers. - Great growth potential. Well priced to sell.
State: NSW
Suburb: Riverwood
Location: Prime location on busy shopping street in South Sydney area.
Premises: Very tidy, bright and spacious Asian supermarket with shop area approx.. 500 sqm including storage, working prepare area and an office plus downstairs large storeroom, cool room and freezer room, loading zoom in total area around 300 sq.mts..

Other business venture

Sale Reason

Many years

Established

Free street parking

Parking

Two owners plus one full time staff and 3 casuals.

Employees

7 days - 9 am to 8:30 pm.

Trading Hours

5 + 5 years lease commenced 27th May 2022. - 3.3% annual increases.- 4 months bank guarantee $74476.17.

Lease

Asian supermarket selling variety of Chinese, Korean, Japanese etc groceries, frozen food, snacks, soft drinks, daily necessities and large selection of fresh fruit and vegetables. Fully equipped shop with good working conditions. The average weekly takings are based on FY 2026 daily sales report in total $2,690,281 a year with average items of 32% gross profit.

Features

Perfect location. - A large size and well organised and well presented Asian supermarket.- Long established.- Well known by locals. -Stable business with regular customers. - Great growth potential. Well priced to sell.

Potential

Promote local marketing through media presence. Could apply for tobacco and liquor sales. Could add wholesale business to restaurants and cafes etc. Ideal for family business.

Comments

The outgoings includes council rates, water rates and land tax. - Misc.- 1- refers to a delivery truck cost and general business expenses. The vendor goes to market buying fruit and vegetables 3 times a week.- A highly profitable Asian supermarket- a rare opportunity not to be missed. - Inspection must be through SBX Business Brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$51000
Cost of Goods
$34680
Gross Profit
$16320
Rent
$4421
Wages
$3000
Telephone
$25
Insurance
$155
Electricity
$1000
Misc 1
$250
Total Expenses
$9385
Estimated Stock
(Additional)
$180000
Net Profit
$6935
Price
$398,000
+ Estimated Stock (SAV) $180000
Price
$398,000
+ Estimated Stock (SAV) $180000
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