Food/Hospitality Business for Sale in NSW Photo 1
Supermarket for sale in Eastern Suburbs, NSW
For Sale $490,000

Supermarket for sale in NSW

Food/Hospitality
NSW
For Sale $490,000

Business Details

Supermarket - Mixed Business - Western Suburbs

\nSupermarket - Mixed Business - Western Suburbs - Agent SBX Code Number: M1854

Supermarket selling multi-national groceries, milk, breads, drinks, cigarettes, dairy products, fruits and vegetables. - Walk in fridge and freezer. - Storage. - Air-conditioned. - CCTV with 8 cameras. -First time on market in 16 years.

Potential
The business is constantly growing each year. - Promote on -line sales. - Could open 7 days. - Could add Asian such as Chinese grocery to increase sales. - Could apply for big supermarket brand such as IGA or Foodworks.

Features
Long established. - Regular customers. -Well known by locals. - No competition. -Very stable income. - Cheap rent with long lease. - Well priced.

Premises
Well presented and spacious shop with an area of 300m2 in very good condition.

Location
Corner location in high density residential area of Western suburbs.

Trading Hours
6.5 days - Mon. - Sat. - 6 a.m.- 9 p.m. - Sun.- 8 a.m.- 2 p.m.

Lease
Owner is landlord. - Long lease to suit buyers-10 years or 20 years. - C.P.I. increases. - 3 months bond.

Employees
2 owners (one full time, one part time) + 2 staff

Comments
All outgoings are included in rent. - Misc. 1- GST and general business expenses. - All sales and expenses figures can be reviewed on meeting only. - Great investment opportunity. - Well priced to sell.

Figures
Weekly Sales $60000
Rent (ex GST) $1500
Wages $2500
Profit $9520

Agent SBX Code Number: M1854 - SBX Business Brokers

  • Last Updated July 2018
  • Business Category Food/Hospitality
  • Business Sub Category Supermarket
  • Expenses $5480
  • Business Selling Price $490000
  • Trading Hours 6.5 days - Mon. - Sat. - 6 a.m.- 9 p.m. - Sun.- 8 a.m.- 2 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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