Visit this listing at https://www.sbx.com.au/business?id=MF1031

Business Code: MF1031

Key Features: Supermarket - Convenience-No competition - Eastern Suburbs Nsw Netts $5210 p.w.

State: NSW

Suburb: Malabar, 2036

Location: Situated in shopping area in Eastern suburbs near 4 schools.

Description

Supermarket - Convenience - Selling a wide range of products including groceries, fruit & vegetables, confectionery, dairy products, cigarettes, phone cards, soft drinks, gifts and everyday requirements such as bakery products etc. at very competitive pricing. Excellent shelving at wide spacing gives products maximum display and accessibility. No similar businesses around this area - Stock is extra to the selling price and is $80k or SAV

Summary

  • Features: Good location. Long established. No competition. Ideal for family business.
  • Potential: Add more products including more fruit and vegetables, flowers - Could be developed into an IGA(STA)- Full time hands on owner will save on wages. Plenty of scope to update the business
  • Premises: Well presented shop with an area of 300m2 plus storage and office area of 100m2.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 6:30 p.m. - Sat. -Sun. - 8 a.m.- 5 p.m.
  • Lease: New 5 + 5 year lease available - CPI annual increases. - 3 months bond.
  • Employees: 1 owner( part time) + 4 part timers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$21,923

Cost of Goods

$13,250

Gross Profit

$8,673

Rent

$1,678

Wages

$1,200

Telephone

$20

Insurance

$60

Electricity

$465

Misc1

$40

Total Expenses

$3,463

Estimated Stock (Additional)

$80,000

Net Profit

$5,210

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Supermarket - Retail - Convenience Store

Business Code: MF1031
Price: $298,000
+ Estimated SAV $80,000

Key Features: Supermarket - Convenience-No competition - Eastern Suburbs Nsw Netts $5210 p.w.

State: NSW

Suburb: Malabar, 2036

Location: Situated in shopping area in Eastern suburbs near 4 schools.

Description

Supermarket - Convenience - Selling a wide range of products including groceries, fruit & vegetables, confectionery, dairy products, cigarettes, phone cards, soft drinks, gifts and everyday requirements such as bakery products etc. at very competitive pricing. Excellent shelving at wide spacing gives products maximum display and accessibility. No similar businesses around this area - Stock is extra to the selling price and is $80k or SAV

Summary

  • Features: Good location. Long established. No competition. Ideal for family business.
  • Potential: Add more products including more fruit and vegetables, flowers - Could be developed into an IGA(STA)- Full time hands on owner will save on wages. Plenty of scope to update the business
  • Premises: Well presented shop with an area of 300m2 plus storage and office area of 100m2.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 6:30 p.m. - Sat. -Sun. - 8 a.m.- 5 p.m.
  • Lease: New 5 + 5 year lease available - CPI annual increases. - 3 months bond.
  • Employees: 1 owner( part time) + 4 part timers
  • Sale Reason: Other businesses
  • Comments: The rent includes all outgoings.Misc 1 - waste collection fee -Suit a couple or a family. - Inspection is highly recommended. - Figures available on appointment. Stock is extra to the selling price and is $80k or SAV

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$21,923

Cost of Goods

$13,250

Gross Profit

$8,673

Rent (ex GST)

$1,678

Wages

$1,200

Telephone

$20

Insurance

$60

Electricity

$465

Misc1

$40

Total Expenses

$3,463

Estimated Stock (Additional)

$80,000

Net Profit

$5,210

Price

$298,000
+ Estimated SAV $80,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.