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Listing ID: 2647238

Business - Supermarket Long established For Sale

Sydney, NSW, Australia

$178000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Supermarket - Mixed Business - Sydney City Fringe
SBX Business Code: M1920
Supermarket selling various groceries, breads and milks, soft drinks, ice-cream, cigarettes etc. - Small amount of Opal card sales are not included in the takings. -Cigarettes rebate $660 per quarter. - Large storage area with cool room and frozen room, air conditioned, CCTV. alarm system. - Busy trading times are in early morning and evening. - Freehold is for sale as well if desired.

Potential
Could add ATM. - Could add flower sales. -Do more marketing.

Features
Good location. - Long established for many years. - Stable income. - Favorite local business. - Freehold available.

Premises
Spacious and well presented shop with an area of approx. 150m2.

Location
Corner location in affluent residential area of City Fringe.

Trading Hours
7 days - 6 a.m.- 9 p.m.

Lease
New 5 + 5 year lease available. - C.P.I. increases. - 3 months bond. - Vendor is the landlord.

Employees
2 owners

Comments
First time on market after 18 years. - Owner needs to retire. - Figures available on appointment. -Also the freehold- 2 level property is for sale for $5 million. - It has total land of approx. 300 m2 with 2 titles of shops, 2 units upstairs and 1 unit at rear - 3 units rented out for many years with total rent income $1500 per week. - All units have separate living room, kitchen and bathroom in good condition. - The commercial property is close to City. - Good value for long investment opportunity. - A must to inspect.
Figures
Weekly Sales $20000
Rent (ex GST) $1300
Wages $0
Profit $4195


SBX Business Code: M1920

SBX Business Brokers

Property Details

Other Details

Premise Details:

Good location. - Long established for many years. - Stable income. - Favorite local business. - Freehold available.

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