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Supermarket - Asian Groceries - Inner West - (Code: W1952)

Asian Grocery Supermarket - No competition - Price location in Inner West

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Price: $180,000






Weekly Takings (inc GST) $9,000
Cost of Goods $3,600
Gross Profit $5,400
Rent $734
Wages $
Outgoings $
Telephone $
Insurance $
Electricity $250
Gas $
Misc 1 $
Misc 2 $
Total Expenses $984
Net Profit $4,416
Coffee Kilos P/W 0.0

Estimated Stock

$70,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Asian Grocery Supermarket selling Korean and Asian groceries such as snacks, cans & jars, sauce and condiments, meat, seasoning, pasta, rice, seaweed, frozen fish, fruit and veg, soft drinks, kimbap, fresh rice cakes at very competitive pricing. Excellent shelving, spacing gives products maximum display and accessibility. No similar businesses around this area. Also selling combined fine quality home goods at great prices such as cutlery set, storage bins & containers, trash cans, fine kitchen tools and accessories. Separate space for instant noodle cooking ( specially made ramen cooking machine ) with two machines.- 5 out door seats - Google rating 5.0 Google rating 5.0

Potential
Huge potential - add up more products including Chinese and Japanese and do more advertising through local papers. - sell newspapers, flowers, stationery and lotto, dry cleaning agency etc. Promote and deliver to surrounding apartments and residential area. Also add more vegetables and fruits.

Features
Spacious, bright and sunny supermarket. Absolutely no competition. - Prime location. - A good size Asian grocery store. Cheap rent. - Huge potential to expand business.

Premises
This business has an area of 99 sqm including cool room.

Location
Situated on ground floor of a high rise building on main street commercial area in the City Fringe

Trading Hours
Open 7 days. Monday to Sunday: 8:00 am to 8:00 pm.

Lease
Current lease expires May 2029 - Bond 3 months - Rent increases by 1.5% per year

Employees
2 owners working full time

Comments
Rent includes outgoings, one drink fridge belongs to drink supplier company. All other equipment - fridges shelves etc. belong to business. A separate storage room. Frozen food margin 50%, Dry food margin 40%. Motivate vendor, Busy time is 2.00 p.m. - 6.00 p.m. A must inspection at these times.

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

SBXW1952

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


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