Internal Ref: M2236
Summary
SBX Code: M2236 - Local IGA supermarket selling full range of groceries, food and coffee. New 9 years lease. Great growth potential.
Rent
$4,650 pw
Net Profit
$0 pw
Location Details
Prime street front location in affluent area of Lower North Shore.
Potential
Currently on brick and mortar retail. Could add home delivery through online platform. Promote local marketing to increase sales. Improve coffee and food sales. Suits a passionate owner operator to grow its huge potential.
Hours
7 days - 7 am to 8 pm.
Lease
New 3 + 3 + 3 years lease commenced June 2024. CPI increases. 3 months bond.
Employees
Owner operator plus casuals
About the Business
Supermarket - Retail - Cafe - Deli - Lower North Shore
SBX Code: M2236
Major supermarket selling full range of groceries, daily necessities, frozen food, fruit and vegetables, pastry, deli food and also serving 20 - 25kgs coffee per week and sandwiches etc. High standard shop fit out. The business is not being sold figures and goodwill, it is being sold as shop fittings and equipment value only. Walk in and walk out plus stock. Urgent sale due to family issues. Price can be negotiated.
Features
Good location. Great looking shop. High quality fit out. New 9 years lease. Captured market. Great potential.
Premises
Well presented shop with an area approx. 400 m2 including large cool room, storage, loading dock and office plus outside seating area.
Comments
This business offers a great opportunity for a new investment buyer. The premises cost over one million to establish. A must to inspect.
SBX Code: M2236
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