1Sell

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

Price: $89,000 + Stock (Negotiable)

Key Sale Highlights

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.

Proudly listed by Gilraj Venkatappa

Industry

Supermarket and Grocery Stores

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