Description

Supermarket selling a wide range of Chinese / Asian groceries, soft drinks, snacks, frozen food and daily fresh vegetables. Stock $200,000. Original owner since 2006. Very high margins. Profit shown is for one working owner.

Potential

Currently trading under management, huge potential for owner operators to improve the sales and save on wages.

Features

Great location. Very high margins. No direct competition. Easy to operate. Under management

Premises

This business has an area of 200 m2 with a top fit out.

Location

Perfect location in high foot traffic shopping centre in Sydney Eastern Suburbs.

Trading Hours

7 days, 9 am to 7 pm.

Lease

Current lease expires 28th September 2025. 5% annual increases. 3 months bank guarantee. New lease available to approved buyer.

Employees

Manager plus 3 - 4 casuals.

Comments

The rent includes outgoings and storage. Misc.1 = Accountant fees, etc. Manager's wage of $1,865 has been added back to profit as if for an owner operator. The wages include superannuation. Inspection is highly recommended. Please do not speak to anyone when visiting the premises.

SBX ID

SM1490