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Valuable Friendly Grocer For Sale

Waitara, New South Wales
Asking Price:
$230,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1,350,000 (AUD)
Cash Flow:
Under $50K (AUD)

A great opportunity to buy a Friendly Grocer which was established 30 years ago upper North Shore Sydney. Owner painful to sell such a good profitable business with much lower price than market as owner has urgent need to go oversea. So don't hesitate, then

Sale- 26,000/week
Mix with wide range of grocer, coffee, sandwiches, pies and deli,
No competition nearby;
Plenty of parking spots;
Close to elite primary school and middle school;
Well known hospital nearby;
10 minutes railway station and bus stop;

Property information

Real Estate:

Lease

Lease Terms:

3+3

Leasehold Rent:

$94,420 (AUD) per annum

Location:

It is located in famous upper north shore Sydney.

Premises Details:

The business is located in a neighbor shopping village, consisting of takeaway, restaurant, fruit and vegetable shop, bottle shop and hair salon etc.

Business Operation

Expansion Potential:

It is flexible to do much more with 300 m2 premise, potentially to be developed to IGA ( used to be IGA years ago )

Competition / Market:

No competition, the only supermarket within the corner shops.

Reasons for selling:

Owner is in urgent need to go oversea.

Trading hours:

24/7 operation,
Mon - Fri: 7:00am - 6:30/pm
Sat - Sun: 8:00/am - 5:30/pm

Employees:
2 owners + 2 part time empolyees
Years established:
The business was established for 30 years.

Other Information

Support & training:

Owner can offer training as long as required by buyer.

Furniture / Fixtures value:
$70,000 (AUD) - included in the asking price
Inventory / Stock value:
$150,000 (AUD)
Relocatable:
This business can be relocated.

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