New South Wales

Essential And Recession Proof Supermarket

For Sale | $149,000 plus SAV

Supermarket

Mini independent Supermarket at Inner Western Sydney in a popular and busy street with affluent local residential population.

Asking price is $149,000 plus SAV.

Features of business:
• Operating for over 20 years.
• Currently Owner operated.
• Fresh Juice bar.
• Fruit and Vegetables.
• Fresh flowers.
• Groceries,
• Brand New lease 5+5+5years
• Weekly revenue over $12,000 to $13,000. (Pre covid now it is high)
• GP is 50% plus.
• Rent is Just $1400/week +GST and outgoing.
• Open 7 days a week from 6AM till 6PM, potential to extend hours. Weekend less hours.
• Over $650,000 annual sales.
• Full training provided and easy transition.
• Very good opportunity for owner (couple).
• All the equipment, Juicers, cool rooms are in good conditions, software, and small truck will be part of the business.
• Massive storage, Rest area and Office.
• Strong local loyal customer base.

Revenue and Expenses
• Store sales- $52,000 to 56,000/month with 50% GP= $26,000/Month approximately.
• Rent per Month= $6000+GST+Outgoing.
• Other expenses= $6000/month.
• Monthly net earnings for owner operator before tax= $14,000/month.

Cost to Purchase.
• Business: $149,000+SAV
• 3months lease bond: $18,000
• 1month rental advance $6,000+GST
• Stock: $25,000 + or 15%
• Legal fees for buying the business and lease.

Note: No financials available, Trial to check the revenue available after deposit and exchange (fully refundable). Serious buyers only please. This is genuine business for sale, as owner is retiring.

Potential.
• Ecommerce is the way to go.
• Wholesale actively with bigger accounts to local cafes and hotels.
• Online sales with door delivery through Ecommerce website.
• Add Coffee and organic concept.

Listing Number: NSW09979

Please Contact:

Broker: Gilraj VenkatappaPhone: 0401744199Email: gilraj.venkatappa@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09979

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

Keywords: Fruit Shop Sydney, Mini Supermarket, Fruits and Vegetables, Groceries
Ref: NSW09979
Timestamp: 20210819030137

Share

Contact


Gilraj Venkatappa



Marketing By


Gilraj Venkatappa

LINK Sydney

Overview

This Supermarket Business is one of 167 businesses for sale in Sydney Streets, New South Wales, and one of 13 Supermarket Businesses in this region that a business for sale currently has on offer. This Supermarket Business is for sale in Sydney Streets for the asking price of $149,000 plus SAV and has been on market for less than 3 months.