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Summary
List Price: $300,000 + Stock & Equipment. Welcome to IGA Local Grocer in Sydney’s Northern Beaches—a newly established, fully equipped store with everything in place for seamless and successful operat
Location Details
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About the Business
About the Business
Looking to own a profitable grocery store in one of Sydney’s fastest-growing areas?
Welcome to IGA Local Grocer in Sydney’s Northern Beaches—a newly established, fully equipped store with everything in place for seamless and successful operations.
Key Highlights:
Modern Fit-Out: A completely new and contemporary setup featuring state-of-the-art equipment, fixtures, and an optimized layout designed to enhance the shopping experience and operational efficiency.
Lottery License: A built-in additional revenue stream with excellent potential for growth.
Prime Location: Conveniently located within a 10-minute walk of major landmarks, including the new hospital, Dan Murphy’s, KFC Drive-Through, and a range of warehouses and office spaces. This prime positioning ensures consistent foot traffic.
Future Growth Opportunities: Strategically placed near what will soon be Sydney’s largest Bunnings Warehouse, set to bring over 300 employees and countless customers to the area. A multi-storey medical centre under development next door is poised to drive additional traffic from workers, patients, and visitors alike.
Take advantage of the rapid development in this high-growth area. Surrounded by thriving businesses and infrastructure, IGA Local Grocer is perfectly positioned to become a community favourite and a highly profitable investment for its new owner. For more information or to arrange a viewing, please contact Travis Du at Sinosmart Business Brokering.
Don’t miss out on owning a prime grocery store in a booming location with strong potential for growth. Enquire today!
Trading Hours
Monday - Saturday: 7:00AM – 7:30PM, Sunday: 8:00AM – 7:00PM.
Income
January – December 2024 Sales is $1,301,406.57 and with Gross Profit Margin of 24.25%.
Current Weekly Sales is $28,897.
Lease
A favourable New Lease will be granted to help the Buyer start their new business. The Premises total lettable space is 163 sqm of retail space and 80 sqm basement storage.
A Security Deposit of $40,000 is required by Metcash when taking ownership of the business.
Employee
1 x Fulltime, 6 x Casuals.
Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business for 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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