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SOUTH EAST ASIAN SUPERMARKET + FREEHOLD investment

Asking Price: AUD 2800000
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Business Location: Australia » New South Wales » Liverpool city 
Category: Retail » Supermarkets
Description:
Unique & Profitable business well established for over 15 years is now for sale with Freehold.
The store has a large customer base with very good sales and profit margins on products.
specialized in selling South Asian (INDIAN) food products as well as daily essentials.50% product range are imported from countries such as India,Sri lanka,Pakistan,South Pacific Islands,Thailand,Indonesia and Middle east countries.Well set up store with supermarket shelvings,Freezers,Fridges,Service counter,POS systems,surviallance system and inventory control for reportings all departments such as Fresh produce,Herbs & spices,Giftwares,Kitchenwares,Entertainment,Fresh food,frozen foods and more.
Trading 7 days a week operated by 2 owners 1 f/t & 2 p/t staff,an ideal family run business.Owners want to sell business and property together.
3 shops,all bulky retail zoning approx 200sqm each shop and rear lane access to private carpark ,Land area 700sm2.
Turnover is in excess of $900,000 with high profit margins.
An excellent investment opportunity for the long term.
Located in Sydney's multicultural city of Liverpool,20 minutes drive from Sydney airport.
Commercial Retail 3 shops
AUS $2,400,000 Negotible.
Business with stock:AUS $350,000.
 
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Financial Information:  
Annual gross sales: (AUD) 1000000
Yearly Revenue: (AUD)
Total yearly sales revenue
N/A
Net Profit: (AUD)
Total profit before taxes
N/A
Furniture and fixtures value: (AUD) 100000
Inventory value: (AUD) 100000
General Information:  
Business Area: Located in a busy shopping strip with huge customers parking just metres away,the street has government buildings,cafes,specialzed stores,restuarants and a major shopping complex.Easy way to all public transports and 10mins walk to the hospital,only 30 mins drive to Sydney airport.
Year Established: 15 years
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: 7 days trading
Reasons for selling:
Owners would like to take it slow because of health reasons.
Market competition and expansion:
Great potential for this business to expand in many areas such as Franchising,Wholesale,Online shopping or even transforming existing setup to cash & carry concept.
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