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Sydney, NSW
POA
Phone enquiries - please call 1300 594 794 and quote property ID 35675. An incredible opportunity to acquire a highly successful supermarket business and freehold property in the thriving coastal community of Dee Why, NSW. Hengfa Supermarket, a trusted name for 17 years, is known for its exceptional product range, global supplier network, and loyal customer base.Business Highlights:* Established Reputation: Renowned for friendly service, quality products, and exclusive offerings.* Diverse Product Range: Includes fresh produce, hot food, supermarket essentials, unique Asian products, and an in-house butcher.* Prime Location: Situated in the heart of Dee Why with high foot traffic and minimal direct competition.* Loyal Customers: Strong repeat business, constant referrals, and a diverse community following.* Effortless Operations: Set systems in place for a smooth transition to new ownership.Growth Potential:* Opportunity to expand marketing efforts to attract new customers.* Room for further product expansion and catering to the areas growing population.Additional Features:* Spacious, well-equipped premises included in the sale.* Vendor willing to provide ongoing support for a seamless handover.* High growth region with significant competitive advantages.This profitable and easy-to-run business offers new owners an incredible opportunity to capitalise on its strong foundations and proven success while enjoying the lifestyle benefits of a vibrant coastal community.Sale Details:* Sale Includes Business and Freehold Property. The land area is 421sqm and shop is 368sqm. * Stock will be sold at valuation (approximately $200k)* Sale Price does not include any GST that may apply.* Lease $250,000 Including outgoingDont miss out on this rare chance to own a highly regarded supermarket and prime real estate in one of Dee Whys most sought-after locations. Enquire today. Please note: You will be asked to sign a confidentiality agreement, then will be provided a full Information MemorandumDISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
POA
FOR SALE: Prime Asian Supermarket in Wentworth Point - High Turnover & ProfitAn exceptional opportunity to acquire a thriving, well-established Asian supermarket in the heart of Marina Square, Wentworth Point.This popular Asian supermarket is a cornerstone of the local community, boasting a loyal customer base and a prime location within a bustling shopping centre. With an impressive annual turnover of over $4.1 million and a significant net profit, this business represents a fantastic investment for a savvy operator.Revenue$80,000 pw (approx.).Rent$14,664 pw (inc. Outgoings & GST)LeaseLong-term lease available. Details available on NDA Signed.HoursOpen 7 days a week (9am - 8pm). Potential to extend hours subject to centre approval.EmployeesThe business is fully staffed. A detailed roster can be provided to serious buyers.Business HighlightsPrime Location: Situated in the high-traffic Marina Square shopping centre, ensuring consistent footfall from the dense residential population and surrounding areas.Large Premises: Occupies a large and prominent retail space, providing ample space for a wide and diverse product range.Strong Financial Performance: Demonstrates consistent high turnover and profitability. Detailed financial records are available for serious buyers.Established & Reputable: With over two years of successful trading history, the business has built a strong reputation and a loyal customer following.Diverse Product Range: Offers an extensive selection of Asian groceries, fresh produce, frozen foods, beverages, snacks, homewares, and specialty items, catering to a broad and diverse customer base.Turnkey Operation: This is a fully operational business, ready for a new owner to step in and continue its success from day one. The sale includes all fixtures, fittings, and equipment.About the BusinessThe supermarket has firmly established itself as the go-to destination for Asian groceries in Wentworth Point and the surrounding suburbs. The supermarket is renowned for its comprehensive product range, competitive pricing, and commitment to quality. The business occupies a significant and highly visible retail footprint, allowing for an extensive and well-organized display of goods that enhances the customer shopping experience.Potential for GrowthWhile already highly successful, there are several avenues for a new owner to drive further growth:Introduce a customer loyalty program to further enhance customer retention and increase average spend.Develop and expand the online presence with a dedicated e-commerce platform to offer local delivery services.Increase marketing and promotional activities to attract new customers from the rapidly growing residential population in the area.Expand the product range to include more fresh and hot food options to capture a larger share of the local food market.Reason for SaleThe current owners are looking to pursue other business interests, creating this rare opportunity for a new owner to acquire a premier retail business.This is a rare opportunity to purchase a highly profitable and well-managed supermarket in a premium Sydney location. A full business profile is available upon signing a confidentiality agreement.To receive a comprehensive information memorandum, please email the broker for an NDA form or contact: Jeffrey Lei via 0405 888 800Disclaimer: The information contained in this advertisement is provided by the vendor and is believed to be accurate, but prospective buyers should make their own inquiries and obtain professional advice before proceeding.