Asian Supermarket Freehold
Location Australia
Asking Price Range $2.5M - $5.0M
Gross Revenues $1000000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1994
Number of Employees 1 - 3
Inventory 200000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training 4 weeks support and training for new buyers.
Reason for Sale Mainly because of health reasons.
Description Well established over 14 years in business specialized in selling SOUTH ASIAN (Indian)and other ethnic food products. Good proft margin, 40% on average. Excellent exposure to the business attracting huge clientelle,located in the main cbd of western Sydneys multicultural city. Turnovers $1M sales with great potential for higher sales and profits.
Some of the departments include fresh produce,spices and herbs,cosmetics healthcare products,frozen food,snacks,fresh food,daily essentials,gift ware and entertainment products such as magazines,Cds,Dvds.
Wide range of products neatly layed out on floor area of approx 400sqm with plenty of room for customers to shop in comfort.
Good quality shopfittings and equipments which include Freezers,chiller fridges,food displays,service counters,Pos systems,surviallance systems and more.
Most of the product range are imported from countries such as India,Srilanka,Pakistan,Malaysia,Thailand and Pacific Islands.
Shop is trading 7 days a week with owners themselves involved and 1 f/t and 3p/t staffs.
Business has been the first establishment in the area and its has made a well reputable name in the market.
Commercial freehold consists of 3 shops approximately 200 sqm each built on a highrise zone land area of 700 sqm with rear lane access to private parking for up to 6 cars.It has storebulk room area for pallet loads.
Located on a main busy road with public carpark just meters away and surrounded by Office buildings, cafes, restuarants, other retail specialized shops and major shopping complex on the same road. Just 20 minutes drive from the Sydney Airport.
An excellent investment property for future development.Not often properties like these are available.
Asking price:AUS$3.6M
Private seller,no agents.
Also includes all STOCKS,INHOUSE BRANDS,DELIVERY VAN AND BUSINESS WEBSITE. Contact for more information on this Asian Supermarket for sale.
Click Here To Contact Seller
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