Parramatta, New South Wales 2150
SOLD
Key Features
AI generated. Contact seller to confirm.
- Fully managed store, great for owner operators
- Monthly sales over $275,000 with 30% GP
- Cool rooms and extra storage available
- Strong loyal customer base
- Digitally marketed supermarket
- Approved for Lotto site addition
- Turnover: $3,300,000/year (over $275,000/month)
- Net Profit: $264,000/year (monthly net earnings of $22,000 under management)
- Rent/Lease: Lease in place until 2036
- Stock Value: $350,000 +/– 15%
- Established: over 20 years
Business Details
Business Category Franchise Business Opportunities
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.
Property Code: 49
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