Internal Ref: M2165
Summary
SBX Code: M2165 - Well known Foodworks brand supermarket, first time on market after 11 years. Well priced to sell. No competition High quality fitout.
Rent
$1,560 pw
Net Profit
$1,785 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 am to 8 pm.
Lease
Current 5 years term expires 12 Nov. 2023.- New 3 + 3 year lease available with rental reduced to $8
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 12 years. Keen vendor has health problem. A must to inspect.
SBX Code: M2165
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