Business Summary

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 + or – 15%

- 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.

Property Code: 49

Property Details