Asian Supermarket - Asian Supermarket - No Competition - Nets Over $3000 P.w. .-urgent Sale

Asian Supermarket - Northern Beaches - Agent SBX Code Number: W1892

Supermarket mainly selling Chinese / Asian, Korean, Thai, Indonesian groceries, snacks, soft drinks, frozen food. - Good margins around 40% of sales. The business was established in 2021 and cost more than $200k. Currently no sale of cigarettes. High quality products with high margins.

Potential
Add more products. Develop wholesale business to many local restaurants. Add home delivery. Do more marketing to boost sales. Close to this shopping centre is large apartment complex under construction. Can suit any business

Features
Prime location. Easy operation. Customers are regular locals. Wide frontage glass walls. No competition, Well set up near new supermarket.

Premises
This modern fit out, beautifully set up Asian Supermarket has an area of 161 sq.mts.

Location
Situated in shopping centre in popular Northern Beaches suburb.

Trading Hours
7 days - 900 am to 800 pm.

Lease
7 yrs. lease from November 2022, 4% rent increases. 4 months bond

Employees
1 owner (full time) + 1 part timer.

Comments
The rent includes outgoings. Near new supermarket in perfect location near 2 major stores. The sale price is below the shop equipment value. 2 years sales reports can be reviewed. A must to inspect. All equipment belongs to business ( water refine machine, POS machine, 13 fridges, big sized cool room, freezers. storage 24 sq.mts. - Buyer does not need to takeover stock. Motivated vendor. A must inspection.

Agent SBX Code Number: W1892 - Sydney Business Exchange