Internal Ref: W1937
Summary
SBX Code: W1937 - Prime location - Regular customers - Established 8 years - Nets over $5,000 p.w.
Rent
$1,000 pw
Net Profit
$5,518 pw
Location Details
Situated in shopping arcade in Northern Beaches with lots of passing trade.
Potential
Add more Chinese products as well as Indian. 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 - 900 am to 730 pm.
Lease
5 + 5 year lease from November 2020 - 3 months bond, Rent increases by 3.5%
Employees
1 owner full time +1 part timer (330 p.m. - 730 p.m.( 4 hrs per day)
About the Business
Supermarket - Asian Groceries - Northern Beaches
SBX Code: W1937
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 installed for fruit and vegetables.
Features
Absolutely no competition. - Prime location. A good size Asian grocery store. Stable business with regular customers. Spacious and bright. Established 8 years. Regular customers.
Premises
This business has an area of 105 sq. mts. - including storage + cool room
Comments
High margin business. - Inspection is highly recommended. - Figures available on appointment with POS system. Very easy to run business.- Owner will provide full training for 4 weeks. Inspection through your broker. Motivated vendor. A must inspection.
SBX Code: W1937
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