XKR2020064 - New Asian supermarket - Closed to University - Well priced

Overview:

Asian supermarket well located on Parramatta road. Closed to the University of Sydney. Surround by lots of residentials. It mainly sells Chinese grocery including drinks, miscellaneous foods, snacks, cigarettes, etc. The total area is around 500 sq. mts. . Including 400 sq. mts.  business area, 2-bed rooms and a living room with separate entrance for about 70 sq. mts. The whole shop is newly renovated and fully equipped.  The business has great potentials. It can increase Japanese and Korean grocery, online supply of fresh vegetables and meat, or sublease some business areas. 

 

Business hours: 7 days-Mon.-Sun. 10:00am-10:00pm

 

Lease: Current lease commence Jan 2019, 5 year + 5 year, 5% increases-3 months rent bond.

 

Employee: 2 full-timers.

 

Weekly Sales Figures:
Sales     $26,000
Cost     $15,600
Rent        $4,231+GST Include outgoing
Net Profit  $3,798
Stock value  $100,000

XKR2020064 - New Asian supermarket - Closed to University - Well priced

$270,000.00Price

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    Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET