Massive stand-alone Fruit, Vegetable and Grocery Supermarket

24 days ago

1Sell

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Gilraj Venkatappa
 

Summary

Massive stand-alone Fruit, Vegetable and Grocery Supermarket in Sydney : 1SELL ID: 1AU0113

About the Business

Massive stand-alone Fruit, Vegetable and Grocery Supermarket in Sydney

1SELL LISTING NUMBER: 1AU0113

Historical and trusted by locals for over 30 years not branded supermarket for sale in the affluent suburb of South Sydney with a massive car park.

With a loyal customer base and proven turnover of over $350,000 per month, with a Massive GP of over 40% this well-established business is simply the apple of any entrepreneur's eye.

Key Features

Conveniently situated in a major part of Sydney, NSW
Offer a vast range of high-quality fruits, vegetables, fresh produce and groceries from trusted suppliers nationwide, ensuring customer satisfaction.
Open seven days a week from 7 am to 6 pm, shop at your convenience.
All equipment and furniture are in place.
All staff are willing to stay.
Prime location.
Dedicated car park.
No demolition clause in the lease.
Add many other retail lines into the business.
Over 500 sqm retail area.
Secure a stable future with a long lease.
Over $3.8 million in annual sales.
At an asking price of $850,000 + SAV (stock at value), this opportunity promises a strong return on investment and future growth.
Revenue and Expenses: (Approximate values)

Rent: $290,000 PA
Expenses: $1,086,640 PA approximately.
Net adjusted Profit before taxes: $449,360 PA approximately under management (if the owner operates in excess of $550,000 PA approximately before taxes.)
Cost to acquire:

Business: $850,000 + SAV
Estimated stock: $150,000 +-15%
Rental bond = $85,000
Legal fees; at actuals
Don't miss out on this extraordinary opportunity!

Please note that full sales reports can be provided to serious buyers only after undergoing a personal assessment by 1SELL.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

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