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DealProspect/Listings/Retail

Asian Groceries Supermarket – Inner West Sydney

Supermarket

ActiveRetailNew South WalesB2C
Asking price
~$278,800
est. from headline + $120,000 stock · AUD
Revenue
$2,444,000
TTM
Net Profit
$260,000
Implied multiple (assumed)
~1.1×
Assumed · headline + $120,000 stock
Brief
  • Asian groceries supermarket in Inner West Sydney, adjacent to a major non-Asian supermarket chain with a large underground carpark
  • Recently fully fitted modern shop with a wide range of fresh Asian produce and specialty groceries from Hong Kong, Japan, Korea and South East Asia
  • Currently run under full management
  • Prices positioned cheaper than the major supermarket chains
  • Long secure lease with 4% annual rental increases, expiring October 2031
  • Sale due to the owner's other business interests