Price Guide $300,000+Stocks|Burwood NSW

Burwood, NSW 2134

Food/Hospitality Supermarket

Long Established Asian Supermarket in Prime Commercial District |Sales $45k+ pw|Burwood NSW

OVERVIEW:
ANND Commercial Real Estate is elated to present to the market a golden business opportunity with an established Asian supermarket that has been serving the community for over a decade. Situated in a prime location, this flourishing venture boasts impressive weekly turnovers and a comprehensive infrastructure, including storage facilities, office space, and dedicated parking. With a favorable lease agreement in place and a consistent record of profitability, this supermarket represents a turn-key solution for both seasoned and first-time entrepreneurs looking to capitalize on a tried-and-true business model. Dive into the details below to discover more about this outstanding commercial prospect.

KEY FEATURES:
**Steady Performance**: This Asian supermarket has served the local community for over 10 years and has built a reputation for quality and variety. With a weekly turnover ranging from $45,000 to $60,000, this is a high-yield, high-return opportunity.

**Spacious Premises**: Covering a vast area of 277 sqm, the store is meticulously planned to house a wide range of products. Features include a cooled storage area to ensure freshness, a dedicated office space for management tasks, ample storage room, and 2 reserved parking spaces for convenience.

**Consistent Staffing**: Operated by a loyal team of 3-4 employees who ensure smooth day-to-day operations and provide excellent customer service.

**Healthy Profits**: The business boasts a pre-tax net profit of approximately $5,000+ weekly, making it a profitable investment for any entrepreneur.

**Turnkey Operation:** The business is fully operational with all the necessary shelving, refrigeration units, and check-out systems in place.

**Staff & Management:** Experienced and trained staff onboard, ensuring a smooth transition for the new owner.

**Established Supplier Relationships:** Benefit from long-term relationships with suppliers that ensure consistent stock availability and competitive pricing.

Lease
5+5 year lease commenced from Nov 2019; Fixed 4% annual rent increment; 3 months bond.

Growth Potential:**
While already successful, there's substantial potential to boost sales with enhanced marketing strategies, the introduction of online ordering and delivery, or by extending business hours.

**Reason for Sale:**
The current owner is looking to venture into new business opportunities, making this an ideal time for a new visionary owner to take over and scale the business further.

This Asian supermarket in Burwood represents a lucrative investment for those looking to capitalize on a stable, well-established business in a high-demand area. With its prime location and robust operational framework, the next owner can expect both immediate and long-term returns.

Interested parties are encouraged to reach out for further details, financials, and to schedule a site visit. Don't miss out on this rare opportunity to own a piece of Burwood's retail landscape!

Property Info

Municipality
Burwood
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