Price: $328,000 + SAV
An established Asian supermarket located in a mature residential area on Sydney’s Inner West fringe is now offered for sale. The business is located within a densely populated residential area and has been serving the local community for many years, benefiting from a loyal customer base and consistent trading history.
The store offers a broad range of products including Asian groceries, snacks, beverages, sauces, condiments, dry goods, frozen foods and household essentials. It also holds a NSW packaged liquor licence, allowing the sale of bottled alcohol products,which providing an additional higher margin.
The business currently generates annual sales of $2 million, with revenue continuing to show steady growth.
Lease Details
• Lease term: 5 years + 5 years (commencing 1 April 2022)
• Rent: $13,404 per month (incl. GST) with 4% annual increases
• Outgoings: $3,720 per quarter (incl. GST)
• Approximate shop area: 130 sqm, including storage area and cool room
• Lease includes 3 car spaces
Investment Highlights
• Located within a well-established commercial precinct on Sydney’s Inner West fringe , close to the local train station and along a key pedestrian thoroughfare. The surrounding area has strong residential density and a significant Asian community presence, supporting consistent daily demand.
• NSW packaged Liquor licence in place, with alcohol sales providing an additional higher-margin revenue stream.
• Excellent community reputation, reflected by a Google Reviews rating of 4.9 and a loyal customer base.
• Annual sales have shown consistent growth, supported by a reasonable cost structure, efficient operations and further upside potential.
• Proven and straightforward operating model, making the business suitable for family operators or first-time retail buyers.
For further information, please contact us.
Property Code: 229
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