Internal Ref: M2287
Summary
SBX Code: M2287 - Large Asian supermarket. approx. 800 sqm. Long established. Good margins and profit. Well priced to sell. - Nets over $6000 p.w. Huge potential.
Rent
$4,421 pw
Net Profit
$6,540 pw
Location Details
Prime location on busy shopping street in South Sydney area.
Potential
Promote local marketing through media presence. Could apply for tobacco and liquor sales. Could add wholesale business to restaurants and cafes etc. Ideal for family business.
Hours
7 days - 9 a.m. - 830 p.m.
Lease
5 + 5 years lease commenced 27th May 2022. - 3.3% annual increases.- 4 months bank guarantee $744
Employees
Two owners plus one full time staff and 3 casuals.
About the Business
Supermarket - Asian Groceries- Fruit and Vegetables - South Sydney
SBX Code: M2287
Asian supermarket selling variety of Chinese, Korean, Japanese etc groceries, frozen food, snacks, soft drinks, daily necessities and large selection of fresh fruit and vegetables. Fully equipped shop with good working conditions. The average weekly takings are based on FY 2026 daily sales report in total $2,690,281 a year with average items of 32% gross profit.
Features
Perfect location. - A large size and well organised and well presented Asian supermarket.- Long established.- Well known by locals. -Stable business with regular customers. - Great growth potential. Well priced to sell.
Premises
Very tidy, bright and spacious Asian supermarket with shop area approx.. 500 sqm including storage, working prepare area and an office plus downstairs large storeroom, cool room and freezer room, loading zoom in total area around 300 sq.mts..
Comments
The outgoings includes council rates, water rates and land tax. - Misc.- 1- refers to a delivery truck cost and waste bill and general business expenses. The vendor goes to market buying fruit and vegetables 3 times a week.- A highly profitable Asian supermarket- a rare opportunity not to be missed. - Inspection must be through SBX Business Brokers.
SBX Code: M2287
SBX Business Brokers
Connect with us