Description

<p>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.</p>

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

<p>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.</p>

SBX ID

M2191