Supermarket – Asian Groceries

For Sale

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West Sydney

Business Code: W1930

$150,000
+ Estimated Stock (SAV) $70000
Key Features: Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. Established 13 years. Licensed to sell liquor.
State: NSW
Suburb: Parramatta
Location: Residential and commercial area in Sydney West.
Premises: This business has an area of 240 sq.mts. with storage.
Price not disclosed

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Private reasons

Sale Reason

13 yrs

Established

1 car space and plenty of street parking

Parking

3 owners - ( Family business)

Employees

7 days - 8:30 am to 8:00 pm.

Trading Hours

Current lease expires October 2026 + 5 year option. 3 months bond. Rent increases by 4% per year

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 and freezer room installed for fruit and vegetables. They are also licensed to sell liquor until 10.00 p.m.

Features

Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. Established 13 years. Licensed to sell liquor.

Potential

Add Chinese products as well. 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

Rent includes outgoings. Car park is $100 / month. Very well organised Asian Grocery/ Supermarket. High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$24000
Cost of Goods
$18000
Gross Profit
$6000
Rent
$2500
Insurance
$87
Electricity
$550
Misc 1
$25
Total Expenses
$3162
Estimated Stock
(Additional)
$70000
Net Profit
$2838
Price
$150,000
+ Estimated Stock (SAV) $70000
Price
$150,000
+ Estimated Stock (SAV) $70000

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