Sydney Unique Deli / Supermarket at Prime Location

0
(0)

Sydney 2000 Sydney, New South Wales, Australia

27 119
$3,100,000
05989637
14 days ago

Highlights

  •  Recently Renovated, Easy to Manage Opportunity
  •  Full Financial and Sales History Available
  •  Great Location with Huge Passing Traffic
  •  Excellent Opportunity to Acquire a Blue Chip Store

Overview

Asking Price: $3,100,000

Time to sell, as owners have been in this business for 37 years.

Well presented

Long lease

Excellent Plant & Equipment

Ample parking

Trading Hours: Monday – Friday 8.00am – 5.00pm, Saturday 8.00am – 4.00pm

Deal details

Features 

  • Free standing set up
  • Recently renovated, costing $2.2m since 2019
  • Easy to manage
  • High margin
  • Training & assistance provided
  • Large, independent supermarket with 1,300 sqm floor space
  • Businesses like this very rarely go on the market

Figures

  • Sales averaging $397,000 per week and growing
  • Strong profit margin of 41%
  • Wages $5,500 p.w.
  • Rent $3,500 p.w. all inclusive
  • Lease 5 + 5 + 5 years
  • Partially under management with long term staff (7 full time, 3 casual)

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Business Location

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