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Supermarket - Groceries - Under Management - Eastern Suburbs - (Code: G1669)

Great location

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Price: $699,000

Weekly Takings (inc GST) $50,252
Cost of Goods $31,444
Gross Profit $18,808
Rent $5,180
Wages $3,872
Outgoings $435
Telephone $38
Insurance $165
Electricity $800
Gas $
Misc 1 $3,418
Misc 2 $
Total Expenses $13,908
Net Profit $4,900
Coffee Kilos P/W 0.0

Estimated Stock



All other values
exclude GST
General Description
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.

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.

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

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

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. - 6:30 a.m. - 10 p.m. and Thurs. - Sat. - 6:30 a.m. - 11 p.m.

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

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

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.

SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.


For more details please call (02) 9439 4403
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