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Supermarket business for sale in Penshurst

  • Supermarket
  • Penshurst NSW 2222
  • Price Guide $228,000 + Stocks

Long-Established Asian Supermarket for sale|Close to Hurstville area

Thriving Asian Supermarket for Sale Near Sydney South Train Station

Summary:
An exceptional opportunity to acquire a well-established Asian supermarket located near a busy train station in Sydney South. Operating for over 15 years, this supermarket has built a loyal customer base and is a staple in the local community. With a spacious area of 266 square meters, including nearly 200 square meters of shelf and storage space, this business is primed for continued success.

Key Features:

Diverse Product Range: The supermarket offers a wide variety of grocery products from Thailand, the Philippines, Vietnam, Nepal, India, and China, catering to the multicultural population of the area.
High-Quality Equipment: Equipped with over ten refrigerators and freezers, along with a large cold room, ensuring fresh food at all times.
Prime Location: Situated near the local train station entrance, capturing the high foot traffic of daily commuters.
Minimal Competition: The largest and most comprehensive supermarket in the area, with no direct competitors nearby.
Friendly Landlord: Opportunity to negotiate a new lease with a cooperative property owner.

Potentials:

Customer Base Expansion: With the existing loyal customers, there is potential to attract more by expanding the product range or introducing new services.
Marketing Opportunities: Increased marketing efforts could further boost visibility and sales.
Extended Operating Hours: Extending the store's hours could cater to more customers, especially commuters.

Operation Hours:

Operated by the owner and 2-3 employees, with three people working daily.

Lease Details:

Weekly Rent: $1400 + GST
Outgoings: Calculated separately
Lease terms are negotiable with the landlord.

Key Financials:

Available upon request.

Reason for Sale:

Owner looking to retire.

Contact:
For further information or to inspect the business, please email the broker for an NDA form or contact Jeffrey Lei at 0405888800.

Disclaimer:
All information provided is deemed reliable but is not guaranteed and should be independently verified. Potential buyers are encouraged to conduct their due diligence before proceeding with any purchase.

Business Highlights

Business ID2019269612
Floor Area130m²
Category
Last updated  10 Sep 2024
Map for Penshurst NSW 2222
Map for Penshurst NSW 2222Penshurst NSW 2222
Inspections
Documents

Business Highlights

Business ID2019269612
Floor Area130m²
Category
Last updated  10 Sep 2024

Listed by

Jeffrey Lei
ANND Commercial Real Estate
Call
0405888800

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