Asian Grocery Supermarket, Northern Beaches

Asian Grocery Supermarket, Northern Beaches — Retail · Northern Beaches · Asking $168,000 · Revenue $1,456,000 · Net Profit $234,000

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…

DealProspect/Listings/Retail

Asian Grocery Supermarket, Northern Beaches

Supermarket

ActiveRetailNew South WalesB2C

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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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