?Overview?
We are excited to present an exceptional opportunity to acquire a well-established Asian supermarket with a 17-year history, located in a bustling shopping mall in the affluent Eastern Suburbs of Sydney. This successful business is perfect for those seeking a stable and profitable venture with significant potential for growth.
?Features?
* Prime location: Situated in a thriving shopping mall in Sydney's prestigious Eastern Suburbs, this business benefits from high foot traffic and a bustling atmosphere.
* Loyal customer base: With 17 years in operation, the supermarket has built a strong reputation and attracted a large number of loyal customers.
* Diverse product range: Offering a wide variety of Asian food products, household items, and fresh fruits and vegetables, this supermarket caters to the diverse needs of its customers.
* High turnover rate: The balanced demographic of the area and the growing demand for Asian food products among young families ensure a high turnover rate and a profit margin of 30-38%.
* Experienced team: The supermarket is supported by a team of experienced staff, some of whom have been with the business since its inception, providing comprehensive support for new owners.
* No experience required: Comprehensive training and support will be provided, along with the assistance of seasoned staff, ensuring a smooth transition for new owners.
* Suitable for 188a visa investors: This business meets the requirements for 188a visa investors, providing a stable and profitable opportunity.
* Fully equipped premises: 201 sqm store with an additional 20 sqm storage room, complete with display cabinets, refrigerators, and freezers - no further investment needed.
?Financials?
* Weekly sales revenue: Approximately $52,000 - $54,000
* Rent: Approximately $5,700 per week (inclusive of GST and outgoings)
* Wages: Approximately $5,100 per week
* Net profit: Approximately $3,800 per week
For detailed financial information and lease terms, please contact us.
?Trading Hours?
* Monday to Sunday: 9 am - 7 pm; Thursday: 9 am - 8 pm
Don't miss out on this rare business opportunity in the thriving Eastern Suburbs of Sydney! To learn more and take the first step towards owning your own Asian Supermarket store, contact Jeffrey Lei at 0405 888 800 for a Non-Disclosure Agreement.
IMPORTANT: The agency does not verify the accuracy of the information. Buyers are responsible for conducting their own due-diligence. We may call or contact/WhatsApp you if you inquire about the business. Interested buyers may be requested to register and complete a Non-Disclosure Agreement. All images are for illustration purposes only and may NOT reflect the business in any way.
