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For SaleNorthern Beaches

Supermarket - Asian Groceries - Under Management

Business Code: F3445

$168,000

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+ Estimated Stock (SAV) $100,000

Stock image for illustration only. Real photos are available after you register as a buyer.

Key Features: Supermarket Asian - Nth Beaches Syd - Fully managed Sales $28000 pw Net $4.5k pw

State: NSW

Suburb: Belrose

Location: Fabulous location directly opposite the main entry as you walk into the shopping centre in the Northern Beaches

Premises: This business has an area of 229 sq. mts. plus storage and fully fitted modern professional fit out.

Business Overview

Supermarket - Asian Groceries packed full of Asian essentials - a large range of good fresh asian fruit and vegetables and many other special foods , prices are cheaper than the other non asian major supermarkets. The new go to Asian store on the North Shore and the Northern Beaches providing groceries from Hong Kong, Japan, Korea, and South East Asia. Amazing modern shop fit out where no expense has been spared. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business.

Other business interests .

Sale Reason

Major car park available for customers

Parking

Currently run under full management the business requires 2 people plus the occasional casual at certain times during the week and year . The profit shown is based on one working owner running the business.

Employees

7 days - 8 am to 6.30 pm.

Trading Hours

7 year lease commenced 06.22 with a further 5 year option - 4 % annual rental increases - 3 month bond

Lease

Features

  • Cheaper selling prices than the major supermarket chains
  • Staff are mentioned as always being extremely friendly and helpful
  • Extremely well stocked store with large popular range of supermarket items.
  • The shop is clean and well organised.
  • Long secure lease. Very modern looking shopping centre popular with locals .

Potential

Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers and lay down a strong ongoing marketing program for the business online.

Comments

Misc - l. - All bill payments - Rent includes all outgoings. - Please do not approach the staff of the business as the owners do not work in the business. Contact your SBX Business Broker for further information.

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