Supermarket - Asian Groceries- Fruit and Vegetables
Business Code: M2287
$398,000
Enquire now+ Estimated Stock (SAV) $180,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Asian Supermarket - Retail - Takings $51,000 p.w.- South Sydney
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..
Business Overview
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.
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
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.
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