Asian Supermarket
Business Code: W1971
$50,000
Enquire now+ Estimated Stock (SAV) $35,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Asian Supermarket situated in shopping centre - Northern Beaches Syd.
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
Business Overview
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
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
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.
