Sold

Friendly Grocer Liquor store supermarket and lotto at southwest Sydney for Quick Sale - 1SELL Listing Number: 1AU04

SOLD

1SELL Listing Number:1AU04

Friendly Grocer

Liquor store supermarket and lotto at southwest Sydney for Quick Sale.

Asking Price $490000 + SAV

Fantastic opportunity to buy the Friendly Grocer Supermarket is on busy small shopping complex in southwestern Sydney. Approximately 35 Kms from southwest of Sydney CBD. Operating since over 20 years. This is a massive supermarket with over 288 square meter store with all accessories and equipment. Close to all amenities.

Features of business:

· Currently operated under Management.

· Liquor store

· Supermarket

· Lottery and scratches

· Cigarettes and tobacco

Features:

· Lease till 2026 plus 3+3 option available.

· Lease(rental) charges $10000/Month inc GST + Rates.

· 7 Days: 7:30am – 7:30pm.

· Fully Airconditioned.

Groceries, Liquors and smokes sales

· Monthly over $135000 of sale at supermarket. currently averaging 28%GP

· Ample car parking both dedicated and street parking

· Many Cool rooms and freezers are in place.

· Strong loyal customer base

· Low rent per month including outgoing.

· Friendly landlord

· Digitally marketed supermarket

Revenue and Expenses

· Store sales- $135000/month with the GP of 28%= $37800PM.

· Rent per Month = $10000/month including outgoing.

· Other expenses = $16685/month.

· Total expense= $26685/month.

· Monthly net earnings for under management before tax= $17000/month, under management if owners couple operated $27000/month before tax. Or yearly $324000 approx.

Cost to Purchase

· Business: $490000

· 4 Month lease bond: $40000

· 1 Month rental advance $10000.

· Stock at value $200000 +/- 15%

· Legal fees for buying the business and lease.

Potential

· Great opportunity for owner operator.

· Good to add juice bar.

· Good to add some stationery and gifts items.

For more information, please contact Kalpesh Patel for a comprehensive information pack & quote Listing Number: 1AU04.

 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.

Details

Suburb Sydney
Property Type Business
Category Retail

Tools

Share This Business

analytics