Supermarket – Retail

For Sale

·
South Sydney

Business Code: M2272

$198,000
+ Estimated Stock (SAV) $80000
Key Features: Good location without direct competition. - Long established for many years. - Loyal customer base. - Large size supermarket which has more rooms to develop the business.
State: NSW
Suburb: Woolooware
Location: Prime location in shopping village of South Sydney affluent suburb.
Premises: Well presented store with total area approx. 300 sqm which includes store room and cool room.
Price not disclosed

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Retirement

Sale Reason

Many years

Established

Free shopping village parking.

Parking

.One owner plus one casual

Employees

7 days - Monday to Friday: 6 am to 7 pm. Saturday & Sunday: 6.am to 6 pm.

Trading Hours

2 years left. 3.5% annual increases. 3 months bond. New longer lease can be added to current lease subject to landlord approval.

Lease

Retail supermarket selling a wide range of groceries, frozen goods, chilled products, convenience items, soft drinks, confectionary, tobacco. toys and gifts etc. Stock value approx.. $80,000 is additional on sale price.

Features

Good location without direct competition. - Long established for many years. - Loyal customer base. - Large size supermarket which has more rooms to develop the business.

Potential

Promote local marketing through social media. Set up own website for online sale. Could add lotto sales. Could add home delivery. Increase fruit and vegetable sales.

Comments

The rent includes all outgoings. Misc.- 1-Refers to general business expenses. Great growth potential to expand the business. Keen vendor needs to retire and will consider all reasonable offer. A good buy opportunity! The business details can be reviewed on meeting.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18000
Cost of Goods
$12400
Gross Profit
$5600
Rent
$2200
Wages
$300
Telephone
$25
Insurance
$55
Electricity
$315
Misc 1
$100
Total Expenses
$2995
Estimated Stock
(Additional)
$80000
Net Profit
$2605
Price
$198,000
+ Estimated Stock (SAV) $80000
Price
$198,000
+ Estimated Stock (SAV) $80000
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