Grocery Deli Liquor Supermarket in Western Sydney - 1SELL Listing Number: 1AU039

Grocery/ Deli/ liquor Supermarket in Western Suburb.

Asking Price $1,200,000 + SAV

This is a gem of an opportunity to buy the beautiful Supermarket in a niche western suburb of Sydney.

Operating for over 20 years. This is a well-maintained store selling fruit, vegetable, groceries, deli, Flowers and liquor.

Currently fully under management, however this would be good for owner couples’ operators.

Features of business:

    -  Currently operated under Management. Great opportunity for owner operator. Features:  long lease till 2036 lease.

   -  Operating hours Monday to Saturday 6am – 7.30pm, Sunday- 6:30am-6:30pm

Fruits, vegetables, and Groceries

   -    Monthly over $275,000 of sale at supermarket. Currently averaging 30% GP

   -    Cool rooms are in place.

   -    Extra storage room in place.

   -    Strong loyal customer base

   -    Genuine vendor due to other commitment selling the business.

   -    Digitally marketed supermarket.

   -    Fully Monitored.

Revenue and Expenses

   -  Store sales- over $275,000/month with the GP of 30%

   -  Rent per Month = $17,833/month  

   -  Wages expenses = $26,000/month approx.

   -  Monthly net earnings for under management before tax= $22,000/month, under management if Owner’s couple operated $35,000/month before tax.

  Cost to Purchase

   -  Business: $1,200,000

   -   3-month lease bond: $55,000

   -  1 Month rental advance $17,833

   -   Stock: $350,000 + or – 15%

   -  Legal fees for buying the business and lease.

   -  3 years POS reports available for serious buyers after deposit.

  Potential

   -  Great opportunity for owner operator

   -   Adding Lotto site (its already approved

   -  Can extend the trading hours, currently only trading till 7:30pm most days

   -  Good to add fresh juice bar as separate place is available.

   -  Organic concept may do very well in this area. As locals are health conscious.  

Call Gaurav for a confidential chat & quote Listing Number: 1AU039.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Property Code: 49