Supermarket - Inner West

5 days ago

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Internal Ref: M2036

Summary

SBX Code: M2036 - Retail - Supermarket - Inner West

Rent

$60,008 pa

Net Profit

$286,000 pa

Location Details

Prime street location in shopping strip in Inner West suburb.

Potential

The business is continually growing. - Could add more products. - Do local marketing. - Add home delivery. - Ideal for family who could work and live in same premises

Hours

7 days - 8 a.m.- 11 p.m.

Lease

New 5 + 5 years lease commenced July 2018 - C.P.I. annual increases. - 3 months bond. - Easy

Employees

2 owners + 1 casual

About the Business

Retail - Supermarket - Inner West

SBX Code: M2036
Supermarket selling full range of groceries, frozen food, snacks, sweets, soft drinks, cigarettes, fruit and vegetables, flowers etc. - Average 27% margin. - The shop has been totally renovated at a cost close to $300k. - Extra income consists of ATM net income of $1200-1300 per month, old-age care home milk and vegetable delivery net profit $1000 a month, fruit delivery to restaurants nett $150 a month and cigarette rebate around $500 a month.

Potential
The business is continually growing. - Could add more products. - Do local marketing. - Add home delivery. - Ideal for family who could work and live in same premises

Features
Perfect location. - Well established for many years. - New and high quality fitout. - Very low rent with large size shop and living area. - Low risk business. - Very secure income.

Premises
Brand new refurbished shop with an area of 280 m2 plus a large area of storage and upstairs 3 large bedrooms, living room, kitchen and bathroom with an area of approx 150 m2.

Location
Prime street location in shopping strip in Inner West suburb.

Trading Hours
7 days - 8 a.m.- 11 p.m.

Lease
New 5 + 5 years lease commenced July 2018 - C.P.I. annual increases. - 3 months bond. - Easy and nice landlord.

Employees
2 owners + 1 casual

Comments
The rent includes all outgoings and upstairs 3 bedrooms residence. - Misc.- 1- Rubbish $20 a month, bank fee around $300 a month and business system fee around $2400 a year etc. - Upstairs 3 bedrooms with separate entrance can be easily rented for $800 per week for extra income. - POS year 2018 sales report and 4 months 2019 report available to review. - A rare find - Inspection by an appointment only.

SBX Code: M2036

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