Massive stand-alone Fruit, Vegetable and Grocery Supermarket in Sydney
1SELL LISTING NUMBER: 1AU0113
Historical and trusted by locals for over 30 years not branded supermarket for sale in the affluent suburb of South Sydney with a massive car park.
With a loyal customer base and proven turnover of over $350,000 per month, with a Massive GP of over 40% this well-established business is simply the apple of any entrepreneur's eye.
Key Features
- Conveniently situated in a major part of Sydney, NSW
- Offer a vast range of high-quality fruits, vegetables, fresh produce and groceries from trusted suppliers nationwide, ensuring customer satisfaction.
- Open seven days a week from 7 am to 6 pm, shop at your convenience.
- All equipment and furniture are in place.
- All staff are willing to stay.
- Prime location.
- Dedicated car park.
- No demolition clause in the lease.
- Add many other retail lines into the business.
- Over 500 sqm retail area.
- Secure a stable future with a long lease.
- Over $3.8 million in annual sales.
- At an asking price of $850,000 + SAV (stock at value), this opportunity promises a strong return on investment and future growth.
Revenue and Expenses: (Approximate values)
- Rent: $290,000 PA
- Expenses: $1,086,640 PA approximately.
- Net adjusted Profit before taxes: $449,360 PA approximately under management (if the owner operates in excess of $550,000 PA approximately before taxes.)
Cost to acquire:
- Business: $850,000 + SAV
- Estimated stock: $150,000 +-15%
- Rental bond = $85,000
- Legal fees; at actuals
Don't miss out on this extraordinary opportunity!
Please note that full sales reports can be provided to serious buyers only after undergoing a personal assessment by 1SELL.
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: 126
