Asian Supermarket - Asian Groceries -convenience - Asian Supermarket - Brand New - Prime Location - Long Lease

Business For Sale NEW SOUTH WALES 2770, New South Wales

Business Category Supermarket

$290,000.00

Description

Asian Supermarket - Asian Groceries -convenience - Asian Supermarket - Brand New - Prime Location - Long Lease

Asian Supermarket - Asian Groceries -Convenience - Western Suburbs - Agent SBX Code Number: SFG1051

Supermarket selling top grade Asian groceries with excellent new presentation comprising 6 long aisles of groceries, - 13 brand new chest freezers around perimeters of store, with 6 display chillers followed by 7 display freezers in the first aisle. - Generous walkways with non slip vinyl flooring and well located brand new checkout counters. - Storage features new cool room.- This brand new supermarket comprises a fitout costing around $490,000.

Potential
This supermarket is primed to become one of Sydneys leading Asian grocers.- Turnover will increase month by month due to high foot traffic location.-Enhance website. - Promote via instagram and facebook.

Features
High foot traffic location in major shopping centre.- Excellent presentation and layout.-All refrigeration and fixtures and fittings are brand new.- Excellent mix of stock representing all the best cuisines and produce of Asia.

Premises
Brand new supermarket featuring all new fixtures and fittings across six aisles totalling a full size of 244 sq metres.

Location
Superb high foot traffic location in major shopping centre between national retailers in Western Suburbs.

Trading Hours
7 days - Mon. - Wed. -Fri. - 9 a.m. - 7.00 p.m. - Thurs. - 9 a.m. - 9 p.m. - Sat. - Sun. - 9 a.m. - 7.00 p.m.

Lease
8 year lease to October 2028 - 2 month bank guarantee - 2.5% increases p.a.

Employees
2 fulltimers and 1 part time owner.

Comments
This brand new Asian grocery store is being sold for well below fit out cost and is basically new with all relevant equipment under warranty. - Business is not being sold on figures as business at time of listing has only been trading for 3 weeks. - Family issues necessitate sale-. Vendor is the very successful operator of another well established Asian grocery store and this store is based on the same concept and similar mix of stock from around 40 suppliers. - Turnover anticipated to double within 12 months. - Business currently operating on gross profit % of 25% to develop market share. - Rent p.w. is $5692 including gst and outgoings for a 244 sq. mt. store in major shopping centre in a hot location. - Suit working owners or current operator of Asian supermarkets looking to expand portfolio with an A grade location with premium shop fit.

Agent SBX Code Number: SFG1051 - Sydney Business Exchange
Contact Seller
Sue Blatchford

Bsale ID: 503001
Broker REF: SFG1051

SBX Business Brokers
Make Enquiry

Thank you, your enquiry has been sent now.

Cookie Consent

To deliver the best possible experience on Bsale.com.au, we and our partners use cookies to store information. By clicking 'Accept and Close' you agree to the use of Cookies. Read our Cookie Policy.


Accept and Close