Supermarket- Retail- Nets $2605 p.w.-Retirement Sale-South Sydney

19 days ago

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Internal Ref: M2272

Summary

SBX Code: M2272 - Long established supermarket in South Sydney affluent suburb. large size around 300 sqm. Loyal customer base. Could add lotto and home delivery etc. to boost sales.

Rent

$2,200 pw

Net Profit

$2,605 pw

Location Details

Prime location in shopping village of South Sydney affluent suburb.

Potential

Promote local marketing through social media. Set up own website for online sale. Could add lotto sales. Could add home delivery. Increase fruit and vegetable sales.

Hours

7 days - Monday to Friday 6 am to 7 pm. Saturday & Sunday 6.am to 6 pm.

Lease

2 years left. 3.5% annual increases. 3 months bond. New longer lease can be added to current lease s

Employees

.One owner plus one casual

About the Business

Supermarket - Retail - South Sydney

SBX Code: M2272
Retail supermarket selling a wide range of groceries, frozen goods, chilled products, convenience items, soft drinks, confectionary, tobacco. toys and gifts etc. Stock value approx.. $80,000 is additional on sale price.

Features
Good location without direct competition. - Long established for many years. - Loyal customer base. - Large size supermarket which has more rooms to develop the business.

Premises
Well presented store with total area approx. 300 sqm which includes store room and cool room.

Comments
The rent includes all outgoings. Misc.- 1-Refers to general business expenses. Great growth potential to expand the business. Keen vendor needs to retire and will consider all reasonable offer. A good buy opportunity! The business details can be reviewed on meeting.

SBX Code: M2272

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