Business Summary

Mini independent Supermarket at Inner Western Sydney in a popular and busy street with affluent local residential population.

Asking price is $149,000 plus SAV.

Features of business:
* Operating for over 20 years.
* Currently Owner operated.
* Fresh Juice bar.
* Fruit and Vegetables.
* Fresh flowers.
* Groceries,
* Brand New lease 5+5+5years
* Weekly revenue over $12,000 to $13,000. (Pre covid now it is high)
* GP is 50% plus.
* Rent is Just $1400/week +GST and outgoing.
* Open 7 days a week from 6AM till 6PM, potential to extend hours. Weekend less hours.
* Over $650,000 annual sales.
* Full training provided and easy transition.
* Very good opportunity for owner (couple).
* All the equipment, Juicers, cool rooms are in good conditions, software, and small truck will be part of the business.
* Massive storage, Rest area and Office.
* Strong local loyal customer base.

Revenue and Expenses
* Store sales- $52,000 to 56,000/month with 50% GP= $26,000/Month approximately.
* Rent per Month= $6000+GST+Outgoing.
* Other expenses= $6000/month.
* Monthly net earnings for owner operator before tax= $14,000/month.

Cost to Purchase.
* Business: $149,000+SAV
* 3months lease bond: $18,000
* 1month rental advance $6,000+GST
* Stock: $25,000 + or 15%
* Legal fees for buying the business and lease.

Note: No financials available, Trial to check the revenue available after deposit and exchange (fully refundable). Serious buyers only please. This is genuine business for sale, as owner is retiring.

Potential.
* Ecommerce is the way to go.
* Wholesale actively with bigger accounts to local cafes and hotels.
* Online sales with door delivery through Ecommerce website.
* Add Coffee and organic concept.

Listing Number: NSW09979

Please Contact:

Broker: Gilraj VenkatappaPhone: 0401744199Email: [email protected]

To complete an online confidentiality agreement, visit this business at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09979

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

Keywords: Fruit Shop Sydney, Mini Supermarket, Fruits and Vegetables, Groceries
Ref: NSW09979
Timestamp: 20211118020142

Property Details