Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Retail - Supermarket - Under Management - Major Brand Supermarket - Eastern Suburbs - Very Profitable For Sale

Sydney, New South Wales, Australia
Asking Price:
$2,950,000 (AUD)
Sales Revenue:
$7,532,200 (AUD)
Cash Flow:
Available on request

Major supermarket selling full range of groceries, dairy, frozen food, fruit and vegetables etc. - Plenty of customer parking with council parking area next door.- This is a long established business with the annual turnover growing every year.- FY 2021 sales are $7,532,158. - Full financial report available to review for astute investors.

Potential
Currently on brick and mortar retail. - Could add home delivery through online platform. -Could extend trading hours to increase sales. - Newly developed apartments near by will bring more customers and demand.

Features
Busy shopping street location. - Long established major supermarket in high profile and in demand locale. - Local icon with regular customers. - Very low rent with long lease. - Strong sales with huge and stable profit.

Premises
Well presented shop with an area of approx. 750 m2 including working - preparation area, storage, loading dock, one large cool room, one large frozen room and 2 offices.

Location
Prime street front location in Eastern Suburbs.

Trading Hours
7 days - Mon. - Fri. - 8 a.m.- 730 p.m. - Sat. - 8 a.m.- 7 p.m. - Sun. - 9 a.m.- 630 p.m.

Lease
New 12 years lease ( 7 years fixed tern + 5 years option ) commenced 21 Feb. 2021. - Rent is indexed to increase by CPI one year then 3% the next year on a continuing cycle during the lease term.

Employees
One owner (administrator) + 16 staff including 1 full time shop manager + 1 part-timer manager + 14 part time staff

Comments

Property Information

Location:

Prime street front location in Eastern Suburbs.

Business Operation

Expansion Potential:

Currently on brick and mortar retail. - Could add home delivery through online platform. -Could extend trading hours to increase sales. - Newly developed apartments near by will bring more customers and demand.

Trading hours:

7 days - Mon. - Fri. - 8 a.m.- 730 p.m. - Sat. - 8 a.m.- 7 p.m. - Sun. - 9 a.m.- 630 p.m.

Employees:
One owner (administrator) + 16 staff including 1 full time shop manager + 1 part-timer manager + 14 part time staff
Years established:
Many years

Contact SBX Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business