Well-established "Friendly Grocer" Supermarket in Greater Western Sydney - 1SELL LISTING NUMBER: 1AU0153.
Asking price: $249,000 Plus SAV.
1SELL LISTING NUMBER: 1AU0153
- Offer a vast range of high-quality fruits, vegetables, fresh produce, and groceries from trusted suppliers nationwide, ensuring customer satisfaction.
- Top location on the main busy street. Surrounded by considerable residential.
- Trusted by locals for over years and branded supermarket for sale in the affluent suburb of Greater Western Sydney with a loyal customer base and proven turnover of over $1.05 million annually, with a Massive GP of over 23%.
- This well-established business is simply the apple of anyone wanting to buy similar business.
Key Features
- Open seven days a week from 6 am to 7 pm, shop at your convenience.
- Prime location.
- 170 sq meter shop approximately, with loading dock.
- Separate stock area
- All equipment are in good condition
- Secure a stable future with a long lease till 2028 with an option to renew for 5 more years.
- At an asking price of $249,000 + SAV (stock at value), this opportunity promises a strong return on investment and future growth.
Revenue and Expenses: (Approximate values)
- Rent: $940/week
- Expenses: $874,000 per annum approximately.
- Net adjusted Profit before taxes: $170,000 per annum approximately (Owner Operated).
Cost to acquire:
- Business: $249,000 + SAV.
- Estimated stock: $80,000 +/-15%.
- Bank guarantee as per Met cash conditions.
- Legal fees; at actuals.
Potentials:
Increase the hours of trading.
Add NSW lotto subject to approval from NSW Lotto.
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: 157
