Supermarket – Asian Groceries

For Sale

·
Northern Beaches

Business Code: W1937

$205,000
+ 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

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 a.m to 7:30 p.m.

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
$11000
Cost of Goods
$4000
Gross Profit
$7000
Rent
$1218
Wages
$550
Insurance
$82
Electricity
$350
Total Expenses
$1982
Estimated Stock
(Additional)
$75000
Net Profit
$5018
Price
$205,000
+ Estimated Stock (SAV) $75000
Price
$205,000
+ Estimated Stock (SAV) $75000
Contact Us

Featured Businesses For Sale

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    Code: FN1354

    $180,000

  • Cards – Gifts – Retail – Online – Stock Included

    Upper North Shore

    NSW

    Code: SFD1088

    $55,000

Related Businesses For Sale

  • Supermarket – Chinese / Asian Groceries – Convenience Store

    North West Sydney

    NSW

    Net Profit: $851

    Code: AD1008

    $149,000

  • Supermarket – Asian Groceries- Fruit and Vegetables

    South Sydney

    NSW

    Net Profit: $6935

    Code: M2287

    $398,000

  • Wholefoods Grocery – Supermarket – Under Management

    Lower North Shore

    NSW

    Net Profit: $2850

    Code: G1821

    $375,000

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    Code: FN1354

    $180,000

  • Retail – Fruit Market – Supermarket – Groceries – Under Management

    South Sydney

    NSW

    Net Profit: $6980

    Code: SM1523

    $288,000

  • Supermarket – Retail – Asian Goods

    Upper North Shore

    NSW

    Net Profit: $8054

    Code: W1966

    $395,000