Internal Ref: W1971
Summary
SBX Code: W1971 - Selling Korean, Chinese, Thai, Indonesian - No competition -Regular local customers.
Rent
$2,000 pw
Net Profit
$520 pw
Location Details
Situated in shopping centre in popular Northern Beaches suburb.
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
Hours
7 days - 900 am to 800 pm
Lease
7 years from November 2022 - 4% rent increases - 4months bond
Employees
1 owner full time + 1 part timer
About the Business
Asian Supermarket - Northern Beaches
SBX Code: 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
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
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.
SBX Code: W1971
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