Internal Ref: W1952
Summary
SBX Code: W1952 - Cheap rent - Huge potential to increase business - Netting over $4000 p.w.
Rent
$734 pw
Net Profit
$4,416 pw
Location Details
Situated on ground floor of a high rise building on main street commercial area in the City Fringe
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.
Hours
Open 7 days -Monday - Sunday-800 a.m. - 800 p.m.
Lease
Current lease expires May 2029 - Bond 3 months - Rent increases by 1.5% per year
Employees
2 owners working full time
About the Business
Supermarket - Asian Groceries - Inner West
SBX Code: W1952
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 5.0Google 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.
Premises
This business has an area of 99 sqm including cool room.
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, A must inspection.
SBX Code: W1952
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