Description

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 - 9:30 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.

SBX ID

M2191