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Listing ID: 2780847

Business - Supermarket Great location For Sale

Sydney, NSW, Australia

$698000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Supermarket - Groceries - Under Management - Eastern Suburbs
SBX Business Code: G1669
Supermarket selling a full range of groceries, fruit and vegetables, fresh baked bread, meat, fish & poultry as well as convenience items including cigarettes & tobacco. - Strong independent branding. - High proportion of high margin impulse sales. - Full reporting, hourly sales, monthly and annual department reports.

Potential
Ideal family business. - Potential to add flower sales and increase fruit and vegetable sales. - Could add coffee, salad bar, rotisserie chickens etc. - New owner operator full time working in the business could reduce the wages and increase the profits. - 50 new apartments are being built across the road.

Features
Great location. - Premium fitout. - Huge frontage. - Long lease. - Run under management. - Excellent POS system. - High foot traffic. - Brand new LED lighting & new flooring.

Premises
This business has an area of 216 sq. mts. with a wide frontage.

Location
Situated near an iconic beachside location in the Eastern Suburbs in a busy shopping street opposite a well known hotel for locals.

Trading Hours
7 days - Sun. - Wed. - 630 a.m. - 10 p.m. and Thurs. - Sat. - 630 a.m. - 11 p.m.

Lease
5 year + 5 year lease commenced October 2016 - 4 months bond. - 4% Annual increases.

Employees
2 owners ( Admin ) + 1 day Manager + 1 night Manager + 3 part timers

Comments
Miscell. - 1 - GST paid on BAS + other expenses. - The figures for the business are being shown as if a new active owner operator has replaced the day manager whose wages are $1100 p.w. - Please do not approach or speak to any staff when visiting the shop. - Full branding and IP available opportunity to expand the brand, maybe franchise. - Inspection is highly recommended. - Quality financials are available.
Figures
Weekly Sales $50252
Rent (ex GST) $5180
Wages $3872
Profit $4900


SBX Business Code: G1669

SBX Business Brokers

Property Details

Other Details

Premise Details:

Great location. - Premium fitout. - Huge frontage. - Long lease. - Run under management. - Excellent POS system. - High foot traffic. - Brand new LED lighting & new flooring.

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