Well priced Groceries / Convenience Store in USYD area - Net Profit $2,710 p.w

4 days ago

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Summary

Supermarket - Profit $2,710 pw - Groceries - Convenience Store - Well presented store- Well priced

Revenue

$11,000 pw

Rent

$1,020 pw

Expenses

$5,641 pw

Net Profit

$2,710 pw

Location Details

Corner location surrounded by apartments and university in City fringe area.

Potential

Could add more products such as gifts and toys and stationery. - Could add pre-made sandwiches.

Hours

7 days - 7 a.m.- 10 p.m.

Lease

Current lease expires 31st. Dec 2019 + 5 years option - 3% increases every year - 3 months bond

Employees

1 owners + 2 casuals

Reason for Sale

Family reasons

About the Business

Supermarket selling a wide range of groceries, soft drinks, confectionery, ice-cream, cigarettes, and cakes etc. - Has parcel collection service for Fastway- Sells Opal cards- Dry cleaning collection - Has an ATM machine with regular income.- One office / store room - CCTV system.

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Find out more at the LF Investment Partners Info page
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