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Business NO.:
3443010
Status:
Active
Price:
$499,000
Plus SAV:
Yes
Updated on:
20/05/2025

Asian Supermarket- Under Management - Retail - Asian Supermarket - No competition - Takings $38,000 p.w. - Upper North Shore - SM1519

Supermarket | Business for Sale | New South Wales

Asian Supermarket- Under Management - Retail - Upper North Shore - Agent SBX Code Number: SM1519

Asian supermarket and grocer providing a delicious variety of Asian cuisine and grocery essentials with a large range of goods and cooking advice.- The store offers a wide variety of traditional delicacies and fresh produce including dumplings, drinks, noodles, sweets with Chinese, Malaysian, Japanese and Indonesian offerings.

Potential
Currently trading under management, - huge potential for owner operators to improve the sales. Develop home delivery and wholesale.

Features
Great location. - Affluent suburb. - Very high margins. - No competition. - Easy to operate.

Premises
State of Art recent quality fit-out with an area of approx. 200 sq. mts. including store room.

Location
Perfect location in the Upper North Shore high foot traffic shopping centre.

Trading Hours
7 days - 8 am to 630 pm.

Lease
Current lease expires 1st November 2031. - 5% annual increases now and from 2027 it will be 3% increases. - 3 months Bank guarantee.

Employees
Manager plus 3 casuals.

Comments
The rent includes all outgoings and water. - Misc.- 1- Refers to shop cardboard removal, bank fees. - New business in great location with great profit. - Inspection is highly recommended. - Please do not speak to anyone when visiting the premises

Figures
Weekly Sales $38000
Rent (ex GST) $4267
Wages $3000
Profit $5000

Agent SBX Code Number: SM1519 - SBX Business Brokers

For more details, please email broker or call agents.


Shop 8, 69 Kalang Road, Elanora Heights, NSW 2101