Visit this listing at https://www.sbx.com.au/business?id=M2062

Business Code: M2062

Key Features: Well established and well known

State: NSW

Location: Prime street front location in affluent area of East Sydney.

Description

Supermarket selling a full range of groceries, frozen food, drinks, fruit and vegetables etc. - Also has lotto service with average weekly sales of $2000 a week included in takings. - The shop has been refurbished with state of art equipment and fittings at a cost of $400k during Nov 2018.

Summary

  • Features: Perfect location. - Long established for many years. - Well known by locals. - Full renovation in 2018. - Stable income. - Huge potential. - Well priced.
  • Potential: Could add more products. - Add home delivery through internet - . Ideal for family business.
  • Premises: Spacious, bright and fully renovated shop on 2 levels with total area of approx. 340 m2 which includes downstairs area of 70 m2 for storage, cool room and loading dock.
  • Trading Hours: 7 days - 7 a.m.- 9 p.m.
  • Lease: 3 + 3 years lease commenced Nov. 2018. - C.P.I.annual increases. - 3 months bond.
  • Employees: One owner + 5 staff
  • Comments: The rent includes outgoings. - Misc.- 1- Refers to general business expenses and GST. - First time on market in 21 years. - Favourable sale price. - Inspection is highly recommended. - Please do not approach and speak to any shop staff when visiting the shop.

Weekly Summary

Weekly Takings (inc GST)

$60,000

Cost of Goods

$43,000

Gross Profit

$17,000

Rent

$4,385

Wages

$4,000

Telephone

$20

Insurance

$100

Electricity

$700

Misc1

$3,295

Total Expenses

$12,500

Estimated Stock (Additional)

$150,000

Net Profit

$4,500

Price

$400,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Supermarket - Lotto - Retail

Business Code: M2062

Key Features: Well established and well known

State: NSW

Location: Prime street front location in affluent area of East Sydney.

Description

Supermarket selling a full range of groceries, frozen food, drinks, fruit and vegetables etc. - Also has lotto service with average weekly sales of $2000 a week included in takings. - The shop has been refurbished with state of art equipment and fittings at a cost of $400k during Nov 2018.

Summary

  • Features: Perfect location. - Long established for many years. - Well known by locals. - Full renovation in 2018. - Stable income. - Huge potential. - Well priced.
  • Potential: Could add more products. - Add home delivery through internet - . Ideal for family business.
  • Premises: Spacious, bright and fully renovated shop on 2 levels with total area of approx. 340 m2 which includes downstairs area of 70 m2 for storage, cool room and loading dock.
  • Trading Hours: 7 days - 7 a.m.- 9 p.m.
  • Lease: 3 + 3 years lease commenced Nov. 2018. - C.P.I.annual increases. - 3 months bond.
  • Employees: One owner + 5 staff
  • Comments: The rent includes outgoings. - Misc.- 1- Refers to general business expenses and GST. - First time on market in 21 years. - Favourable sale price. - Inspection is highly recommended. - Please do not approach and speak to any shop staff when visiting the shop.

Weekly Summary

Weekly Takings
(inc GST)

$60,000

Cost of Goods

$43,000

Gross Profit

$17,000

Rent

$4,385

Wages

$4,000

Telephone

$20

Insurance

$100

Electricity

$700

Misc1

$3,295

Total Expenses

$12,500

Estimated Stock (Additional)

$150,000

Net Profit

$4,500

Price

$400,000

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