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Grocer And Supermarket In Sydney For Sale

Sydney, New South Wales
Asking Price:
$990,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,664,000 (AUD)
Cash Flow:
$400,000 (AUD)

Grocer For Sale, selling a large range of groceries, gluten free, gourmet foods, dairy, fresh meat, ready made meals, fruit and vegetables, flowers, ice cream, drinks, an organic range, confectionery and cigarettes.

Brand new fit out which includes : new custom made shelving, new refrigeration, LED lights, a new POS system and full real time Security back to base Camera System.

Offered in an extraordinary location, with in the eastern suburbs. This store has a strong local customer base as well as a tourist trade. Close to schools.

Attractive lease terms.

This business has been a Grocer Store for over 20 years.

An excellent profit margin.

A very profitable business!

Very easy to operate.

Information:

2.5 years remaining on current lease with a 5 Year Option. (Rent increase CPI)

Turnover: $32,000.00 av. Per week
Rent : $1676.88 per week plus GST Outgoings: $330 per week
Wages: $3600 per week
Phone bill : $28 average per week

Asking price: $990,000.00 + stock

Property information

Real Estate:

Lease

Lease Terms:

Two and a half years current
With 5 years option

Leasehold Rent:

$87,198 (AUD) per annum

Size in square feet:
120m2

Business Operation

Reasons for selling:

Have other projects

Trading hours:

Mon-Friday 7am- 9pm

Sat-Sun 7am- 8pm

Employees:
4
Years established:
1

Other Information

Furniture / Fixtures value:
$300,000 (AUD) - included in the asking price
Inventory / Stock value:
$100,000 (AUD) - included in the asking price

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