Supermarket - Retail - M2272

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$198,000

Description

Retail supermarket selling a wide range of groceries, frozen goods, chilled products, convenience items, soft drinks, confectionary, tobacco. toys and gifts etc. Stock value approx.. $80,000 is additional on sale price.

Potential

Promote local marketing through social media. Set up own website for online sale. Could add lotto sales. Could add home delivery. Increase fruit and vegetable sales.

Features

Good location without direct competition. - Long established for many years. - Loyal customer base. - Large size supermarket which has more rooms to develop the business.

Premises

Well presented store with total area approx. 300 sqm which includes store room and cool room.

Location

Prime location in shopping village of South Sydney affluent suburb.

Trading Hours

7 days - Monday to Friday: 6 am to 7 pm. Saturday & Sunday: 6.am to 6 pm.

Lease

2 years left. 3.5% annual increases. 3 months bond. New longer lease can be added to current lease subject to landlord approval.

Employees

.One owner plus one casual

Comments

The rent includes all outgoings. Misc.- 1-Refers to general business expenses. Great growth potential to expand the business. Keen vendor needs to retire and will consider all reasonable offer. A good buy opportunity! The business details can be reviewed on meeting.

SBX ID

M2272

Figures
  • Takings: $18000/week (GST)
  • Cost of Goods: $12400
  • Gross Profit: $5600
  • Rent: $2200
  • Wages: $300
  • Telephone: $25
  • Insurance: $55
  • Electricity: $315
  • Misc 1: $100
  • Total Expenses: $2995
  • Nett Profit: $2605
  • Estimated Stock (Additional): $80000
  • All other values ex GST
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