Local Convenience store – Western Suburbs Sydney
Turnover $1,400,000 p/a
Rent: $105,600 p/a
Price $399,000 negotiable + stock $60,000 approx.
Profit $380,000 - $400,000 p/a
This is a well-established Middle Eastern supermarket/convenience store located in the western suburbs of Sydney.
With consistent and growing revenue and profit, this is an ideal business for a family or someone who is wanting a reliable income stream.
Providing the marketplace with a wide range of Middle Eastern foods and products.
Established 3 years ago, this business has grown and established its reputation as a one-stop shop for all things Middle Eastern.
This is a vibrant and compact business with low fixed costs and a pleasant work environment and significant upside.
Currently, there are 2 x staff managing the store on a schedule which is ample getting paid between $17p/h & $21p/h
Employee 1, starting at 9am-7:30pm duties are to run the cashier
Employee 2, starting at 2:30pm-7:30pm duties are to do general cleaning, restocking shelves etc.
• Premium, delicious and highest quality foods and products imported from Egypt, Lebanon, Iran, Afghanistan and many more countries
• Good opportunity to get into the supermarket industry
• Excellent potential to keep growing under right management
• The vendor is reluctantly selling due to other business commitments
The vendor will offer the right buyer a good handover and training period.
For more information contact Rad Benicky