Supermarket – Retail

For Sale

·
Inner West

Business Code: M2222

$300,000
+ Estimated Stock (SAV) $140000
Key Features: Good location. Long established for more than 30 years. Well known to locals. Large size shop. New and long lease available . Great growth opportunity.
State: NSW
Suburb: Homebush
Location: Prime location in local shopping street of Inner West suburb
Premises: Spacious and well presented shop with an area of approx.300 sq. mts with large store room and cool room and loading door area at rear.
Price not disclosed

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Family reasons

Sale Reason

More Than 30 years

Established

No parking data

Parking

One owner plus one staff

Employees

7 days - 7 am to 7 pm.

Trading Hours

Current monthly rental payable. New 5 + 5 lease available, the conditions will be negotiated with the landlord.

Lease

Supermarket selling a full range of essential groceries, dairy products, frozen foods, cigarettes and some fruit and vegetables. Established more than 30 years with IGA brand and last year weekly takings averaged $50,000. Currently changed the business name to other grocer chain.

Features

Good location. Long established for more than 30 years. Well known to locals. Large size shop. New and long lease available . Great growth opportunity.

Potential

Local food lovers shop with huge growth potential for a motivated owner operator. -Could increase Asian groceries to cater multi-national local residents. Could add home delivery. Could add flower sales. Expand deli products. Possible to apply for liquor license. Opportunity to resume IGA brand.

Comments

Misc.- 1-Bank fees and rubbish fees. Keen vendor has run the same business for 11 years and selling for family reasons. Great growth potential. Well priced to sell. A must to inspect.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$28000
Cost of Goods
$20700
Gross Profit
$7300
Rent
$1996
Wages
$1000
Telephone
$20
Insurance
$84
Electricity
$685
Misc 1
$200
Total Expenses
$4465
Estimated Stock
(Additional)
$140000
Net Profit
$2835
Price
$300,000
+ Estimated Stock (SAV) $140000
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