Supermarket – Asian Groceries
Business Code: W1952
$180,000
Enquire now+ Estimated Stock (SAV) $70,000
Key Features: Spacious, bright and sunny supermarket. Absolutely no competition. - Prime location. - A good size Asian grocery store. Cheap rent. - Huge potential to expand business.
State: NSW
Suburb: Ashfield
Location: Situated on ground floor of a high rise building on main street commercial area in the City Fringe
Premises: This business has an area of 99 sqm including cool room.
Private reasons.
Sale Reason
1.5 yrs
Established
One car space
Parking
2 owners working full time
Employees
Open 7 days. Monday to Sunday: 8:00 am to 8:00 pm.
Trading Hours
Current lease expires May 2029 - Bond 3 months - Rent increases by 1.5% per year
Lease
Asian Grocery Supermarket selling Korean and Asian groceries such as snacks, cans & jars, sauce and condiments, meat, seasoning, pasta, rice, seaweed, frozen fish, fruit and veg, soft drinks, kimbap, fresh rice cakes at very competitive pricing. Excellent shelving, spacing gives products maximum display and accessibility. No similar businesses around this area. Also selling combined fine quality home goods at great prices such as cutlery set, storage bins & containers, trash cans, fine kitchen tools and accessories. Separate space for instant noodle cooking ( specially made ramen cooking machine ) with two machines.- 5 out door seats - Google rating 5.0 Google rating 5.0
Features
Spacious, bright and sunny supermarket. Absolutely no competition. - Prime location. - A good size Asian grocery store. Cheap rent. - Huge potential to expand business.
Potential
Huge potential - add up more products including Chinese and Japanese and do more advertising through local papers. - sell newspapers, flowers, stationery and lotto, dry cleaning agency etc. Promote and deliver to surrounding apartments and residential area. Also add more vegetables and fruits.
Comments
Rent includes outgoings, one drink fridge belongs to drink supplier company. All other equipment - fridges shelves etc. belong to business. A separate storage room. Frozen food margin 50%, Dry food margin 40%. Motivate vendor, Busy time is 2.00 p.m. - 6.00 p.m. A must inspection at these times.
