Grocery/ Deli/ liquor Supermarket in Western Suburb.
Asking Price $1,200,000 + SAV.
This is a gem of an opportunity to buy the beautiful Supermarket in a niche western suburb of Sydney.
Operating for over 20 years. This is a well-maintained store selling fruit, vegetable, groceries, deli, Flowers and liquor.
Currently fully under management, however this would be good for owner couples’ operators.
Features of business:
• Currently operated under Management. Great opportunity for owner operator. Features: long lease till 2036 lease.
. Operating hours- Monday to Saturday- 6am-7:30pm, Sunday- 6:30am-6:30pm
Fruits, vegetables, and Groceries
• Monthly over $275,000 of sale at supermarket. Currently averaging 30% GP
• Cool rooms are in place
• Extra storage room in place.
• Strong loyal customer base
• Genuine vendor due to other commitment selling the business
• Digitally marketed supermarket.
• Fully Monitored.
Revenue and Expenses
• Store sales- over $275,000/month with the GP of 30%
• Rent per Month = $17,833/month
• Wages expenses = $26,000/month approx.
• Monthly net earnings for under management before tax= $22,000/month, under management if Owner’s couple operated $35,000/month before tax.
Cost to Purchase
• Business: $1,200,000
• 3-month lease bond: $55,000
• 1 Month rental advance $17,833
• Stock: $350,000
• Legal fees for buying the business and lease
• 3 years POS reports available for serious buyers after deposit.
Potential
• Great opportunity for owner operator.
• Adding Lotto site (its already approved)
• Can extend the trading hours, currently only trading till 7:30pm most days
• Good to add fresh juice bar as separate place is available.
• Organic concept may do very well in this area. As locals are health conscious.
Call Gaurav for a confidential chat & quote Listing Number: 1AU039
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.
