Internal Ref: F3444
Summary
SBX Code: F3444 - Long secure lease . Very modern looking shopping centre popular with locals Long secure lease - Cheaper selling prices than the major supermarket chains - top fit out.
Rent
$4,309 pw
Net Profit
$6,500 pw
Location Details
Fabulous location adjacent to major non Asian supermarket chain and large underground carpark in Inner West Sydney
Potential
Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers and lay down a strong ongoing marketing program for the business online.
Hours
7 days - 8.30 am to 7.30 pm.
Lease
7 year lease with a further 5 year option - 4% annual rental increases - 3 month bond
Employees
Currently run under full management requiring 2 people plus the occasional casual at certain times during the week and year .
About the Business
Supermarket - Asian Groceries - Under Management - Inner West
SBX Code: F3444
Supermarket - Asian Groceries packed full of Asian essentials - a large range of fresh Asian fruit and vegetables and many other special foods. Prices are cheaper than the other non Asian major supermarkets. Provides groceries from Hong Kong, Japan, Korea and South East Asia. Amazing modern shop fit out where no expense has been spared. A keen new owner operator can significantly reduce the wage costs of the business helping to increase the weekly profits. Weekly net is between $6000 and $6500 pw.
Features
Cheaper selling prices than the major supermarket chains. - Staff are mentioned as always being extremely friendly and helpful. - Extremely well stocked store with large popular range of supermarket items. The shop is clean and well organised - Long secure lease. Very modern looking shopping centre popular with locals .
Premises
Fully fitted modern professional supermarket selling at less than fit out cost with an area of 183 sq. mts plus storage
Comments
Please do not approach the staff of the business as the owners do not work in the business but contact your SBX broker for further information.
SBX Code: F3444
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