Asian Supermarket - Asian Supermarket - Shopping centre location - Northern Beaches Syd, - W1971

Asian Supermarket - Northern Beaches - Agent SBX Code Number: W1971

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

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

Features
Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.

Premises
This modern fit out, beautifully set up Asian Supermarket has an area of 161sqm

Location
Situated in shopping centre in popular Northern Beaches suburb.

Trading Hours
7 days - 900 a.m - 800 p.m

Lease
7 years from November 2022 - 4% rent increases - 4months bond

Employees
1 owner full time + 1 part timer

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.

Figures
Weekly Sales $8000
Rent (ex GST) $2000
Wages $350
Profit $520

Agent SBX Code Number: W1971 - SBX Business Brokers

For more details, please email broker or call agents.