Sold

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

SOLD

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.

 

Details

Suburb Parramatta
Property Type Business
Category Franchise, Franchise

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