SBX Business Brokers Phone : 02 9439 ****

Asian Supermarket - Groceries - Retail - New developing area. Great location.

Listing Id : 270034

Location : New South Wales

Category : Supermarket

Asking Price : 250,000

Business description

Asian Supermarket - Groceries - Retail - Inner West - Agent SBX Code Number: M2**** **** Supermarket serving Chinese and Asian groceries and frozen food and soft drinks (70% of sales ), daily fresh vegetables (20% of sales ) and cigarettes (10% of sales ). - Average 30% gross profit. Potential Suit family business. - Could save on wages and increase profit if owner worked full-time in the business - Could add coffee and food or bubble tea which is allowed by current lease. - Lots of new high rise apartments have being built nearby which will bring more Asian customers. Features Good location with more and more Asian background residents. - Newly fitted out shop. - Long lease. - Great potential. Premises Well presented shop with an area of approx. 100 m2. plus outside 50 m2 seating area. Location Prime location under large residential building and opposite new shopping centre in Inner West Trading Hours 7 days - 9 a.m.- 10 p.m. Lease 4 + 4 years lease from April, 2017. - 4% annual increases. - 3 months bond. Employees One owner ( part time ) + 2 staff Comments A great business in a new and developing suburb with high density residential. - Ideal for family business. - A must to inspect. Figures Weekly Sales $27000 Rent (ex GST) $2600 Wages $2000 Profit $2715 Agent SBX Code Number: M2**** **** - SBX Business Brokers


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