Supermarket - Retail - Asian Groceries - FN1354

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$300,000

Description

<p>Well-established Korean grocery supermarket ideally positioned near train station in a busy commercial strip surrounded by popular restaurants and retail shops. This popular store offers a wide range of Korean products including frozen foods, ready-to-eat meals, traditional ingredients, fresh Asian fruit and vegetables, as well as selected Japanese and Chinese grocery items, catering to strong local demand. Successfully operated by the same owner for 16 years, the business has built a solid and loyal repeat customer base within the local community. The store layout is practical and designed for smooth customer flow, making shopping convenient and efficient. The premises include a cool room and kitchen facilities, providing additional storage and preparation capacity, ideal for expanding ready-to-eat or fresh product offerings.</p>

Potential

Expand Chinese and Japanese grocery range-Increase marketing within local Asian community- Ideal for owner-couple operation - Further develop fresh produce and ready-meal sections

Features

Excellent location in major shopping strip near station- No direct Korean grocery competition in the area- Strong and loyal local customer base- Long secure lease - Only 1 month bond

Premises

Spacious retail supermarket of approx. 180 sq.mts., offering an efficient and well-organised layout that allows smooth customer movement and optimal product display. Includes a cool room and kitchen facilities.

Location

Strategically located near major train station in a busy commercial strip surrounded by popular restaurants, cafes and retail shops in a key transport hub in North West Sydney

Trading Hours

7 days - Monday to Saturday: 8:30 am to 8 pm. Sunday: 9:30 am to 7 pm.

Lease

3 + 3 yrs lease commenced April 2025 - Bond 1 month - Rent increases CPI per year

Employees

1 owner

Comments

<p>Price includes stock value of about $150,000- Inspections are strictly by appointment through the broker only.</p>

SBX ID

FN1354

Figures
  • Takings: $15000/week (GST)
  • Cost of Goods: $9000
  • Gross Profit: $6000
  • Rent: $1353
  • Telephone: $20
  • Insurance: $30
  • Electricity: $460
  • Misc 1: $137
  • Total Expenses: $2000
  • Nett Profit: $4000
  • All other values ex GST
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