Internal Ref: M2165
Summary
SBX Code: M2165 - Well known Foodworks brand supermarket, first time on market after 13 years. Well priced to sell. No competition High quality fitout.
Rent
$1,576 pw
Net Profit
$1,925 pw
Location Details
Highly visible main street location in residential area of Inner West suburb.
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.
Hours
7 days - 8 a.m to 8 p.m.
Lease
New 3 year + 3 year option lease commenced November 2023. 3.5% annual increases. 3 months bond
Employees
Owner operator
About the Business
Supermarket - Retail - Inner West
SBX Code: M2165
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.
Premises
Spacious and well presented shop with an area of approx. 200 m2.
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.
SBX Code: M2165
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