Massive Stand-alone Fruit, Vegetable And Grocery Supermarket In Sydney - 1sell Listing Number : 1au0113

Business For Sale Sydney, New South Wales 2000

Business Category Fruit Shop

$850,000 + SAV

Description

Massive Stand-alone Fruit, Vegetable And Grocery Supermarket In Sydney - 1sell Listing Number : 1au0113

Massive stand-alone Fruit, Vegetable and Grocery Supermarket in Sydney

1SELL LISTING NUMBER: 1AU0113

Historical and trusted by locals for over 30 years not branded supermarket for sale in the affluent suburb of South Sydney with a massive car park.

With a loyal customer base and proven turnover of over $350,000 per month, with a Massive GP of over 40% this well-established business is simply the apple of any entrepreneur's eye.

Key Features

- Conveniently situated in a major part of Sydney, NSW

- Offer a vast range of high-quality fruits, vegetables, fresh produce and groceries from trusted suppliers nationwide, ensuring customer satisfaction.

- Open seven days a week from 7 am to 6 pm, shop at your convenience.

- All equipment and furniture are in place.

- All staff are willing to stay.

- Prime location.

- Dedicated car park.

- No demolition clause in the lease.

- Add many other retail lines into the business.

- Over 500 sqm retail area.

- Secure a stable future with a long lease.

- Over $3.8 million in annual sales.

- At an asking price of $850,000 + SAV (stock at value), this opportunity promises a strong return on investment and future growth.

Revenue and Expenses: (Approximate values)

- Rent: $290,000 PA

- Expenses: $1,086,640 PA approximately.

- Net adjusted Profit before taxes: $449,360 PA approximately under management (if the owner operates in excess of $550,000 PA approximately before taxes.)

Cost to acquire:

- Business: $850,000 + SAV

- Estimated stock: $150,000 +-15%

- Rental bond = $85,000

- Legal fees; at actuals

Don't miss out on this extraordinary opportunity!

Please note that full sales reports can be provided to serious buyers only after undergoing a personal assessment by 1SELL.

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: 126
Contact Seller
Gilraj Venkatappa

Bsale ID: 627133
Broker REF: onesell_49_101

1SELL
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