Supermarket - Chinese Groceries - Chinese Supermarket -inner West -4 Bedrooms Attached- Net $2270 P.w.

Business For Sale New South Wales

Business Category Supermarket

$185,000

Description

Supermarket - Chinese Groceries - Chinese Supermarket -inner West -4 Bedrooms Attached- Net $2270 P.w.

Supermarket - Chinese Groceries - Inner West - Agent SBX Code Number: M2191

Supermarket selling Chinese groceries, snacks, frozen food, cigarettes, daily fresh vegetables etc. The takings include wholesale to local restaurants. Busy trading time is evening and weekend.

Potential
Do more marketing. Add more products. Ideal for family business. Could convert to different type of Asian Supermarket.

Features
Great location. Long established for many years. Regular customers. Long lease with reasonable rent. Stable profit. 4 bedrooms upstairs can be living or rented for extra income.

Premises
Well presented shop with an area of approx. 150 m2 plus 4 bedrooms upstairs.

Location
Prime street front location in busy shopping street in popular Inner West suburb.

Trading Hours
7 days - 930 am to 11 pm.

Lease
5 + 5 years lease commenced June 2020. 3% annual increases. 3 months bond.

Employees
One owner + 1 full time staff

Comments
Misc.-1- Rubbish bin - The total rent is $1899 a week including gst plus outgoings 4 bedrooms upstairs with separate entrance rented for $620 a week, therefore the current base rent paid is $1279 p.w. This is a good and profitable business in hot spot shopping area. Inspections must be through a broker.

Agent SBX Code Number: M2191 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 647056
Broker REF: M2191

SBX Business Brokers
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