Fruit/veg/flower/ juice/ groceries Supermarket in inner west of the Sydney.
Asking Price $149,000 + SAV.
Superb opportunity to buy the beautiful small Supermarket in inner west suburb of Sydney. This is a well-maintained, small store selling fruit, vegetable, groceries, juices and flowers, situated on busy foot traffic.
Features of business
• lease till 2024 lease with 3+3 years option to increase
• Operating hours 7AM-6PM
Fruits, vegetables, and Groceries
• Monthly over $55,000 approx. of sale
• Cool rooms are in place
• Extra storage room in place.
• Strong loyal customer base
• Genuine vendor selling the business due to other commitments
• Digitally marketed supermarket.
• Fully Monitored.
Revenue and Expenses
• Store sales- $55,000/month approx.
• Rent per Month = $6,000/month approx.
• Net Profit = Over $16,500 /month approx.
Cost to Purchase
• Business: $149,000
• 3-month lease bond
• 1 Month rental advance
• Stock: $10,000 + or – 15%
• Legal fees for buying the business and lease
Potential
• Organic concept may do very well in this area. As locals are health conscious.
• Extend trading hours till 8pm, may see an increase in after work trade.
• Increase product line and introduce more gourmet groceries.
