Asian Supermarket - No competition - Upper North Shore

9 days ago

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Internal Ref: SM1519

Summary

SBX Code: SM1519 - No competition. Very high margins - affluent suburb -takings $38,000 p.w.

Rent

$4,267 pw

Net Profit

$5,000 pw

Location Details

Perfect location in the Upper North Shore high foot traffic shopping centre.

Potential

Currently trading under management, - huge potential for owner operators to improve the sales. Develop home delivery and wholesale.

Hours

7 days - 8 am to 630 pm.

Lease

Current lease expires 1st November 2031. - 5% annual increases now and from 2027 it will be 3% incr

Employees

Manager plus 3 casuals.

About the Business

Asian Supermarket- Under Management - Retail - Upper North Shore

SBX Code: SM1519
Asian supermarket and grocer providing a delicious variety of Asian cuisine and grocery essentials with a large range of goods and cooking advice.- The store offers a wide variety of traditional delicacies and fresh produce including dumplings, drinks, noodles, sweets with Chinese, Malaysian, Japanese and Indonesian offerings.

Features
Great location. - Affluent suburb. - Very high margins. - No competition. - Easy to operate.

Premises
State of Art recent quality fit-out with an area of approx. 200 sq. mts. including store room.

Comments
The rent includes all outgoings and water. - Misc.- 1- Refers to shop cardboard removal, bank fees. - New business in great location with great profit. - Inspection is highly recommended. - Please do not speak to anyone when visiting the premises

SBX Code: SM1519

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