Food/Hospitality for sale
Supermarket - City Fringe
\nSupermarket - City Fringe - Agent SBX Code Number: M1840
Supermarket selling full range of groceries, frozen foods, daily living products, bread and milk, soft drinks, confectionery. cigarettes etc. - Near new cooling system. - CCTV with cameras., air-conditioner. - Loading dock at back. - One office at front. -Average margins are 28% of total sales. - Busy trading time is on weekend and weekday evenings.
Could add flowers sales. - Could increase fruit and vegetable sales. - Ideal family business.
Long established. - Wealthy area. - New 8 years lease - Low rent. - Good family business. - Easy operation.
Well presented shop with an area of 150m2 and is in very good condition.
Prominently located in high street of Inner City.
7 days - Mon. - Sat. - 730 a.m.- 9 p.m. - Sun. - 9 a.m.- 9 p.m.
New 4 + 3 year lease - Same rent for 4 years fixed lease- 2% increases for 3 years option.
2 owners + one casual
The rent( new lease) includes GST and all outgoings. - Inspection by an appointment only. - The vendor wants to retire from the business and any reasonable offers will be considered. - Very stable income. - First time on market after 10 years.
Weekly Sales $24000
Rent (ex GST) $1450
Agent SBX Code Number: M1840 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Supermarket
- Business Lease: $26,000.00
- Attached Dwelling: YES
- Copy Of Title: 1
- Expenses: $10000
- Earnings Before Interest Tax: $1100000
- Business Selling Price: $300000
- Business Property Price: $300000
- Property Selling Price: 300000
- Trading Hours: 9am-5pm mon-fri.
- Franchise Agreement Fees: NO