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Listing ID: 2345660

Business - Supermarket Good lease For Sale

Sydney, NSW, Australia

$165000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Supermarket - Retail - Convenience Store - Eastern Suburbs
SBX Business Code: M1903
Supermarket - convenience store selling a large selection of soft drinks, ice-cream, confectionery with very high margins. - Also sells groceries and cigarettes. - No Opal card sales.

Potential
Could add fruit & vegetables and flowers. Could sell Opal cards. - Could bring in newsagency & lotto business due to next door newsagency closing. - Suit family business.

Features
Excellent location. - Wealthy and tourist area. - Long lease. - Stable profit

Premises
This shop has an area of approx. 130m2 including large storage area at rear plus 4 bedrooms upstairs, with separate rent of $850 p/w.

Location
Premium location in affluent area of Eastern Suburbs close to famous beach and surrounded by many clubs.

Trading Hours
7 days - 830 a.m.- 10 p.m. - Fri. - Sat. till 1030 p.m.

Lease
5 + 5 year lease from 2015. - C.P.I. increases. - 3 months bond.

Employees
2 owners

Comments
The outgoings include council fee and land tax. - Miscell. 1- water and rubbish. - The vendor has taken separate lease for 4 bedrooms upstairs and sub-let to make minimum $10,000 a year of extra income. - The business has sponsorship for 457 working visa. - A good buying opportunity.
Figures
Weekly Sales $14000
Rent (ex GST) $1730
Wages $0
Profit $3670


SBX Business Code: M1903

SBX Business Brokers

Property Details

Other Details

Premise Details:

Excellent location. - Wealthy and tourist area. - Long lease. - Stable profit

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