Visit this listing at https://www.sbx.com.au/business?id=G1813

Business Code: G1813

Key Features: Fruit & Veg - Grocer - Netting owner operator $3,500 pw

State: NSW

Suburb: Burraneer, 2230

Location: Well located amongst the main strip of busy shops in this very affluent suburb in the South of Sydney.

Description

Established neighbourhood fresh produce and convenience grocery store serving customers that that are interested in quality not price. This business achieves strong gross margins of between 40 - 45% and core sales are driven by fresh fruit & vegetables, bread, milk, flowers & everyday grocery items supported by a loyal local customer base with frequent repeat trade. The store is well presented and fully fitted with quality refrigeration, shelving and preparation areas, and operates as a simple staff-run business. It is ideally suited to an owner-operator seeking reliable income from day one,

Summary

  • Features: Well established business. - Strong gross margins. - Complementary neighbouring businesses driving repeat local traffic. - Secure lease until 2029 with option to renew for 5 further years. - Easy-to-run operation with established systems.
  • Potential: Further upside is available through continued grocery expansion and extended trading hours if desired. An owner operator can earn in excess of $3,500 per week. - Option to add lottery, newspapers and also online flower delivery. Could be suitable as a Friendly Grocer conversion.
  • Premises: This business has an area of 100 sq mts. Lovely bright shop and open to the street with a large deli & prep area. High end finishes.
  • Trading Hours: 7 days - Monday to Friday: 7 am to 6 pm. Saturday: 7 am to 2 pm & Sunday: 8 am to 1 pm
  • Lease: Current lease expires in 2029 with a further 5 year option. - 3 months Bond. - CPI annual Increases
  • Employees: 1 owner + 5 casuals (2 on any day)
  • Sale Reason: The owner has purchased a larger shop in a mall in a nearby suburb that has a different clientele.
  • Comments:

    The figures being shown are as if being run by an owner operator. An additional benefit is the option for the purchaser to access an established wholesale fruit and vegetable supply arrangement through the current owner's larger operation, removing the need to attend the Sydney Markets if desired.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$11,500

Gross Profit

$8,500

Rent

$1,354

Wages

$2,500

Outgoings

$95

Telephone

$20

Insurance

$150

Electricity

$350

Misc1

$150

Total Expenses

$4,619

Estimated Stock (Additional)

$30,000

Net Profit

$3,881

Price

$295,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Fruit & Veg - Grocer - Convenience Store

Business Code: G1813
Price: $295,000
+ Estimated Stock (SAV) $30,000

Key Features: Fruit & Veg - Grocer - Netting owner operator $3,500 pw

State: NSW

Suburb: Burraneer, 2230

Location: Well located amongst the main strip of busy shops in this very affluent suburb in the South of Sydney.

Business Overview

Established neighbourhood fresh produce and convenience grocery store serving customers that that are interested in quality not price. This business achieves strong gross margins of between 40 - 45% and core sales are driven by fresh fruit & vegetables, bread, milk, flowers & everyday grocery items supported by a loyal local customer base with frequent repeat trade. The store is well presented and fully fitted with quality refrigeration, shelving and preparation areas, and operates as a simple staff-run business. It is ideally suited to an owner-operator seeking reliable income from day one,

Summary

  • Key Features: Well established business. - Strong gross margins. - Complementary neighbouring businesses driving repeat local traffic. - Secure lease until 2029 with option to renew for 5 further years. - Easy-to-run operation with established systems.
  • Potential: Further upside is available through continued grocery expansion and extended trading hours if desired. An owner operator can earn in excess of $3,500 per week. - Option to add lottery, newspapers and also online flower delivery. Could be suitable as a Friendly Grocer conversion.
  • Premises: This business has an area of 100 sq mts. Lovely bright shop and open to the street with a large deli & prep area. High end finishes.
  • Trading Hours: 7 days - Monday to Friday: 7 am to 6 pm. Saturday: 7 am to 2 pm & Sunday: 8 am to 1 pm
  • Lease: Current lease expires in 2029 with a further 5 year option. - 3 months Bond. - CPI annual Increases
  • Employees: 1 owner + 5 casuals (2 on any day)
  • Sale Reason: The owner has purchased a larger shop in a mall in a nearby suburb that has a different clientele.
  • Comments:

    The figures being shown are as if being run by an owner operator. An additional benefit is the option for the purchaser to access an established wholesale fruit and vegetable supply arrangement through the current owner's larger operation, removing the need to attend the Sydney Markets if desired.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$20,000

Cost of Goods

$11,500

Gross Profit

$8,500

Rent (ex GST)

$1,354

Wages

$2,500

Outgoings

$95

Telephone

$20

Insurance

$150

Electricity

$350

Misc1

$150

Total Expenses

$4,619

Estimated Stock (Additional)

$30,000

Net Profit

$3,881

Price

$295,000
+ Estimated Stock (SAV) $30,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.