Asian Supermarket

For Sale

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Northern Beaches

Business Code: W1971

+ Estimated Stock (SAV) $35000
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 161sqm
Price not disclosed

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Private reasons

Sale Reason

4 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 years from November 2022 - 4% rent increases - 4months bond

Lease

Supermarket mainly selling Korean, Chinese,Thai, Indonesian groceries, snacks, soft drinks, frozen food – Good margins around 40% of sales. The business was established 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

There are much more opportunities to expand the store and add more products such as cigarettes, alcohol, a bigger variety of goods etc. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping center is large apartment complex under construction. Can suit any business

Comments

The rent includes outgoings. Near new supermarket in perfect location near 2 major stores. The sale business price is below the shop equipment value. All equipment belongs to business ( water refiner machine, POS machine. 13x fridges, big sized cool room, freezer storage 24sq.mts - Motivated vendor. A must inspection.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8000
Cost of Goods
$4800
Gross Profit
$3200
Rent
$2000
Wages
$350
Insurance
$30
Electricity
$300
Total Expenses
$2680
Estimated Stock
(Additional)
$35000
Net Profit
$520
Price
$80,000
+ Estimated Stock (SAV) $35000
Price
$80,000
+ Estimated Stock (SAV) $35000

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