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Internal Ref: M2036
Summary
SBX Code: M2036 - Inner West Nsw - New and high quality fitout - Netting $5,035 p.w. - Very secure income. - Cheap rent with long lease and living area - Low risk
Rent
$60,060 pa
Net Profit
$261,820 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. - Expected takings after Covid should restore to $30,000 per week. - Ideal for family who could work and live in same premises
Hours
7 days - 9 a.m.- 11 p.m.
Lease
5 + 5 years lease commenced July 2018 - C.P.I. annual increases. - 3 months bond. - Easy and
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. - The shop has been totally renovated at a cost close to $300k in 2018. - Extra income consists of ATM net income of $500 per month, - cigarette rebate around $500 a month and Uber Eats $500 extra income for ice cream delivery a month.
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.
Comments
The rent includes all outgoings and upstairs 3 bedrooms residence. - Misc.- 1- Rubbish $50 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. - A rare find - Inspection by an appointment only.
SBX Code: M2036
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