Supermarket – Retail

For Sale

·
Inner West

Business Code: M2165

$120,000
+ Estimated Stock (SAV) $80000
Key Features: Well established for many years. No competition. High quality fitout. Excellent presentation. Great growing potential. Well priced.
State: NSW
Suburb: North Strathfield
Location: Highly visible main street location in residential area of Inner West suburb.
Premises: Spacious and well presented shop with an area of approx. 200 m2.
Price not disclosed

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Health and family reasons.

Sale Reason

No year data

Established

No parking data

Parking

Owner operator

Employees

7 days - 8 am to 8 pm.

Trading Hours

New 3 year + 3 year option lease commenced November 2023. 3.5% annual increases. 3 months bond.

Lease

Supermarket selling full range of groceries, frozen food, snacks, sweets, soft drinks, cigarettes and some fruit & vegetables. Also offers DHL, Toll etc. parcels collection, Amazon order and pick up station and Bitcoin ATM. Currently increases home delivery through Uber Eats with good margins.

Features

Well established for many years. No competition. High quality fitout. Excellent presentation. Great growing potential. Well priced.

Potential

Could extend Uber Eats home delivery. Could add more fruit and vegetables and flowers. Could add Asian groceries - Add Lotto sale if possible. Could sub-lease for cafe business. Ideal for family business.

Comments

A stable income and continually growing business. First time on market after 13 years. The rent includes GST and outgoings. Keen vendor has health problem. A must to inspect.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$13800
Cost of Goods
$10000
Gross Profit
$3800
Rent
$1576
Telephone
$20
Insurance
$35
Electricity
$244
Total Expenses
$1875
Estimated Stock
(Additional)
$80000
Net Profit
$1925
Price
$120,000
+ Estimated Stock (SAV) $80000
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