Asian Grocery Supermarket, Northern Beaches
Supermarket
ActiveRetailNew South WalesB2C
Asking price
~$268,000
est. from headline + $100,000 stock · AUD
Revenue
$1,456,000
TTM
Net Profit
$234,000
Implied multiple (assumed)
~1.1×
Assumed · headline + $100,000 stock
Brief
- Asian grocery supermarket stocking goods from Hong Kong, Japan, Korea and South East Asia
- 229 sqm retail area plus storage; modern fit-out
- Located directly opposite the main entrance of a shopping centre in the Northern Beaches
- Currently run under full management; profit shown is based on one working owner
- 7-year lease commenced June 2022 with a 5-year option; 4% annual rent increases
- Trades 7 days a week, 8am to 6:30pm
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