Retail grocery store - Korean, Japanese & Chinese goods - Upper Nth Shore

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Internal Ref: W1966

Summary

SBX Code: W1966 - Under management -Takings $80,000 p.w - Nets over $12,000 p.w. - Long secure lease.

Rent

$11,285 pw

Net Profit

$12,265 pw

Location Details

Perfect location in Upper North Shore high foot traffic major shopping centre.

Potential

Add more Chinese, Japanese groceries. Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers.

Hours

7 days - 840 a.m. - 700 p.m.

Lease

10 yrs lease from December, 2022 -Bond 4 months - Rent increases by 4% per year.

Employees

Fully under Management - 1 Manager + 6 part timers

About the Business

Supermarket - Retail - Asian Goods - Upper North Shore

SBX Code: W1966
Retail Korean grocery store. known for its impressive variety of products, It offers everything from traditional Korean dishes to Japanese and Chinese goods, a large range of fresh Asian fruit and vegetables and especially huge range of Korean frozen, ready to eat special foods. - Prices are cheaper than the other non Asian major supermarkets. Amazing modern shop fit out with all equipment including numerous wall attached chillers and fridges are newly installed.

Features
Great location in a major modern shopping centre - Under management - Extremely well stocked store with large popular range of Asian supermarket items. - The shop is clean and well organised - Long secure lease.

Premises
State of art recent quality fit-out with an area of 428 sq.mts. including store room

Comments
Normal closing time is by 840 a.m. - 500 p.m. Opening longer hours costs extra rent per hour. Many kinds of frozen Korean food are supplied by Vendors trading company. Motivated vendor. A must inspection. Contact vendor through your SBX broker.

SBX Code: W1966

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