Supermarket in Inner West- 1 SELL Listing Number: 1AU036

30 days ago

 

Summary

Fruit/veg/flower/ juice/ groceries. Supermarket in inner west of the Sydney.

About the Business

1SELL Listing Number: 1AU036

Fruit/veg/flower/ juice/ groceries Supermarket in inner west of the Sydney. Asking Price $89,000 + SAV.

Superb opportunity to buy the beautiful small Supermarket in inner west suburb of Sydney. This is a well-maintained, small store selling fruit, vegetable, groceries, juices and flowers, situated on busy foot traffic.

Features of business

· lease till 2024 lease with 3+3 years option to increase

· Operating hours 7AM-6PM

Fruits, vegetables, and Groceries

· Monthly over $55,000 approx. of sale

· Cool rooms are in place

· Extra storage room in place.

· Strong loyal customer base

· Genuine vendor selling the business due to other commitments

· Digitally marketed supermarket.

· Fully Monitored.

Revenue and Expenses

· Store sales- $55,000/month approx.

· Rent per Month = $6,000/month approx.

. Net Profit = Over $16,500 /month approx.

Cost to Purchase

· Business:$89,000

· 3-month lease bond

· 1 Month rental advance

· Stock: $10,000 + / – 15%

· Legal fees for buying the business and lease

Potential

· Organic concept may do very well in this area. As locals are health conscious.

· Extend trading hours till 8pm, may see an increase in after work trade.

· Increase product line and introduce more gourmet groceries.


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.

1Sell

Contact

Gilraj Venkatappa

Share this business

More by this Advertiser
It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again