Internal Ref: W1930
Summary
SBX Code: W1930 - Prime location with no competition -Est. 13 years
Rent
$2,500 pw
Net Profit
$2,838 pw
Location Details
Residential and commercial area in Sydney West.
Potential
Add Chinese products as well. 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.
Hours
7 days - 830 am to 800 pm.
Lease
Current lease expires October 2026 + 5 year option. 3 months bond. Rent increases by 4% per ye
Employees
3 owners - ( Family business)
About the Business
Supermarket - Asian Groceries - West Sydney
SBX Code: W1930
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 and freezer room installed for fruit and vegetables. They are also licensed to sell liquor until 10.00 p.m.
Features
Absolutely no competition. - Prime location. A good size Asian grocery store. Stable business with regular customers. Spacious and bright. Established 13 years. Licensed to sell liquor.
Premises
This business has an area of 240 sq.mts. with storage.
Comments
Rent includes outgoings. Car park is $100 / month. Very well organised Asian Grocery/ Supermarket. High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.
SBX Code: W1930
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