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Supermarket - Asian Groceries - Under Management - Inner West - (Code: F3444)

Supermarket Asian - Inner West Sydney - Managed - Sales $47000 pw - Net $7150 pw

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Price: $188,000






Weekly Takings (inc GST) $47,000
Cost of Goods $29,140
Gross Profit $17,860
Rent $7,760
Wages $2,300
Outgoings $
Telephone $
Insurance $
Electricity $
Gas $
Misc 1 $650
Misc 2 $
Total Expenses $10,710
Net Profit $7,150
Coffee Kilos P/W 0.0

Estimated Stock

$120,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>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. .Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business with staff.</p>

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.

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
Recently fully fitted modern professional supermarket selling at less than fit out cost with an area of 250 sq. mts. plus storage.

Location
Fabulous location adjacent to major non Asian supermarket chain and large underground carpark in Inner West Sydney

Trading 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 . Although the business is currently run under management , the profit shown in this business profile is based on one working owner running the business.

Comments

Misc. 1 - All bill payments. - Rental includes all outgoings. - 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..



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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3444

For more details please call (02) 9439 4403
or click here to register with us.


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