Asian Supermarket - No competition - Nets over $5,000 p.w. - Northern Beaches - W1937

Supermarket - Asian Groceries - Northern Beaches - Agent SBX Code Number: W1937

Asian Grocery - Supermarket selling Korean and Japanese groceries such as snacks, cans & jars, sauce and condiments, meat, seasoning, pasta, rice, seaweed, frozen fish, fruit and veg, soft drinks, at very competitive pricing. Excellent shelving, spacing gives products maximum display and accessibility. - No similar businesses around this area - high margin business with separate cool room, fridge room installed for fruit and vegetables.

Potential
Add more Chinese products as well as Indian. Suits family business .- Ideal for motivated owner operator. - Promote and deliver to surrounding apartments and residential area. - Do some local marketing and advertising. - Add more vegetables and fruits.

Features
Absolutely no competition. - Prime location. - A good size Asian grocery store. Stable business with regular customers. Spacious and bright. - Established 8 years. - Regular customers.

Premises
This business has an area of 105 sq. mts. - including storage + cool room

Location
Situated in shopping arcade in Northern Beaches with lots of passing trade.

Trading Hours
7 days - 900 a.m to 730 p.m.

Lease
5 + 5 year lease from November 2020 - 3 months bond, Rent increases by 3.5%

Employees
1 owner full time +1 part timer (330 p.m. - 730 p.m.( 4 hrs per day)

Comments
High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training for 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.

Figures
Weekly Sales $11000
Rent (ex GST) $1218
Wages $550
Profit $5018

Agent SBX Code Number: W1937 - SBX Business Brokers

For more details, please email broker or call agents.