Description

Supermarket selling a wide range of Asian groceries including frozen meals, drinks, small goods, Korean and Japanese food lines, daily essential products, and a selection of popular Korean alcoholic beverages such as soju and makgeolli. The business has recently obtained a liquor licence and commenced selling Korean alcohol, providing strong potential for ongoing sales growth. Well equipped with fridge, freezer, computerised POS system, and CCTV security.

Potential

Ideal family run business -Expand product lines and optimise use of space. Recently obtained liquor licence. Opportunity to introduce a Korean side-dish (ban chan) section, which can attract and retain a large customer base.

Features

Strong base of regular customers -Only Korean supermarket in the suburb - No direct competition- Excellent exposure in busy area- Low rent- POS systems and security cameras already in place

Premises

This business has an area of approx. 211 m2

Location

Prime Inner West Sydney location in a busy retail area surrounded by large residential apartment complexes providing a strong and consistent customer base with high demand for Asian groceries and Korean products.

Trading Hours

7 days - Monday to Sunday: 9 am to 9 pm.

Lease

5 + 5 year lease commenced June 2026 - 4% increases each year - 4 months bond

Employees

Under Management - 1 full timer +3 casuals

Comments

This business is not being sold based on sales figures but as an asset / fit-out opportunity- The current fit-out and setup cost exceeded $500,000, but due to owners circumstances it is being sold well below setup cost.- Partnership opportunities may also be considered, providing flexibility for the right buyer.-Growing business with significant potential - Motivated vendor - A must inspection.

SBX ID

FN1328