Supermarket - Retail - Asian Goods - Upper North Shore - (Code: W1966)
Grocery store - Korean, Japanese & Chinese goods - Nets over $8,000 p.w.
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Price: $449,000
Weekly Takings (inc GST)
$73,000
Cost of Goods
$44,000
Gross Profit
$29,000
Rent
$11,135
Wages
$7,386
Outgoings
$222
Telephone
$100
Insurance
$250
Electricity
$1,750
Gas
$
Misc 1
$90
Misc 2
$13
Total Expenses
$20,946
Net Profit
$8,054
Coffee Kilos P/W
0.0
Estimated Stock
$100,000
(Additional)
Equipment
$
(Included)
All other values exclude GST
General Description <p>Retail Korean grocery store. known for its impressive variety of products, It offers everything from traditional Korean dishes to Japanese and Chinese goods, a large range of fresh Asian fruit and vegetables and especially huge range of Korean frozen, ready to eat special foods. - Prices are cheaper than the other non Asian major supermarkets. Amazing modern shop fit out with all equipment including numerous wall attached chillers and fridges are newly installed.</p>
Potential Add more Chinese, Japanese groceries. Great potential for hands on owner operators who would be committed to the further success of the business by engaging with customers.
Features Great location in a major modern shopping centre - Under management - Extremely well stocked store with large popular range of Asian supermarket items. - The shop is clean and well organised - Long secure lease.
Premises State of art recent quality fit-out with an area of 428 sq.mts. including store room
Location Perfect location in Upper North Shore high foot traffic major shopping centre.
Trading Hours 7 days - 8:40 a.m to 7:00 p.m.
Lease 10 yrs lease from December 2022 -
Bond 4 months - Rent increases by 4% per year.
Employees Fully under Management -
1 Manager + 6 part timers
Comments
Normal closing time is by 8:40 a.m. - 5:00 p.m. Opening longer hours costs extra rent per hour. Many kinds of frozen Korean food are supplied by Vendor's trading company. Motivated vendor. A must inspection. Contact vendor through your SBX broker.
SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXW1966
For more details please call (02) 9439 4403
or click here to register with us.