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Convenience Store business for sale in Sydney

  • Convenience Store
  • Sydney NSW 2000
  • $850,000 (GST na)

Freehold Busy Supermarket, Liquor Store, 5hrs Northwest Sydney

Busy, medium sized supermarket with Liquor store and hot foods is situated in the main highway and heart of the country city Operating over 40 years.

Location Details
Mid North Coast

Potential
Very good opportunity for both, owner(couple) operated or Under Management, asking price is $655,000 plus SAV. (only for Business)

About the Business
Recently fully renovated, new wall mount fridges, new floors, New LED lightings, fully painted stunning shop spent over $380,000.

Operated under management.

Features:

Liquor store with walk in fridge.

Hot foods.

Fruit and Vegetables.

Groceries,

Meat.

Hardwares.

Cosmetics.

Laundry service.

Freehold for $850,000 and Business for $655,000.

Brand new lease can be offered for 10years with Options for extensions for $6800/month Plus GST.

Revenue:

Weekly revenue over $60,000 to $65,000.

GP is 21% plus.

Rent is Just $1,570/week.

Open 7 days a week from 8AM till 7PM, potential to extend hours. Weekend less hours.

Over $3.1 million annual sales.

Full training provided and easy transition.

All the equipment are owned, 5 cool rooms and freezers is in great conditions, store rooms, Butchery room and equipment, Fork lift, Pallet jack, Ford falcon ute 2004 model, Trolleys, chicken roasting machine, kitchen equipment, POS system. Are part of the freehold, total area of the land around 1208 Sq Mtrs.

Great rare opportunity to acquire freehold supermarket for little price.

Weekly net profit for owner $5000 plus.

Cost to Acquire business:

$655,000 Business

$22,440 Rental Bond (3 months)

$7,480 1month rent.

$ 180,000 + or 15% Stock.

Freehold with business

$1,505,000

$180,000 + or 15% Stock.

For more information on this opportunity, please contact the undersigned:

Allbiz Deal Room
T: 1800 858 696

For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW09565 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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Allbiz Business Sales
Allbiz Support
Allbiz Business Sales

Business Highlights

Business ID2016702135
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Last updated  17 Dec 2020
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Allbiz Business Sales
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Allbiz Business Sales

Business Highlights

Business ID2016702135
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  17 Dec 2020
Allbiz Business Sales
Suite 59, 14 Narabang Way Belrose NSW 2085
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Allbiz Business Sales
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