For Sale $330,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $330,000

Business Details

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.

Potential
Could add flowers sales. - Could increase fruit and vegetable sales. - Ideal family business.

Features
Long established. - Wealthy area. - New 8 years lease - Low rent. - Good family business. - Easy operation.

Premises
Well presented shop with an area of 150m2 and is in very good condition.

Location
Prominently located in high street of Inner City.

Trading Hours
7 days - Mon. - Sat. - 730 a.m.- 9 p.m. - Sun. - 9 a.m.- 9 p.m.

Lease
New 4 + 3 year lease - Same rent for 4 years fixed lease- 2% increases for 3 years option.

Employees
2 owners + one casual

Comments
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.

Figures
Weekly Sales $24000
Rent (ex GST) $1450
Wages $150
Profit $4835

Agent SBX Code Number: M1840 - SBX Business Brokers

Summary »

  • 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
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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