Reduced Price!! For Sale: Iga Local Grocer – Brand New Fitout And Thriving Location!

About the Business

Looking to own a profitable grocery store in one of Sydney’s fastest-growing areas?

Welcome to IGA Local Grocer in Sydney’s Northern Beaches—a newly established, fully equipped store with everything in place for seamless and successful operations.

Key Highlights:

Modern Fit-Out: A completely new and contemporary setup featuring state-of-the-art equipment, fixtures, and an optimized layout designed to enhance the shopping experience and operational efficiency.

Lottery License: A built-in additional revenue stream with excellent potential for growth.

Prime Location: Conveniently located within a 10-minute walk of major landmarks, including the new hospital, Dan Murphy’s, KFC Drive-Through, and a range of warehouses and office spaces. This prime positioning ensures consistent foot traffic.

Future Growth Opportunities: Strategically placed near what will soon be Sydney’s largest Bunnings Warehouse, set to bring over 300 employees and countless customers to the area. A multi-storey medical centre under development next door is poised to drive additional traffic from workers, patients, and visitors alike.

Take advantage of the rapid development in this high-growth area. Surrounded by thriving businesses and infrastructure, IGA Local Grocer is perfectly positioned to become a community favourite and a highly profitable investment for its new owner. For more information or to arrange a viewing, please contact Travis Du at Sinosmart Business Brokering.

Don’t miss out on owning a prime grocery store in a booming location with strong potential for growth. Enquire today!

Trading Hours
Monday - Saturday: 7:00AM – 7:30PM, Sunday: 8:00AM – 7:00PM.

Income
January – December 2024 Sales is $1,301,406.57 and with Gross Profit Margin of 24.25%.

Current Weekly Sales is $28,897.

Lease

A favourable New Lease will be granted to help the Buyer start their new business. The Premises total lettable space is 163 sqm of retail space and 80 sqm basement storage.

A Security Deposit of $40,000 is required by Metcash when taking ownership of the business.

Employee
1 x Fulltime, 6 x Casuals.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business for 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: 145