Freehold Busy Supermarket, Liquor Store For Sale

9 months ago Sydney, Australia Ad Views:420 Ad ID: 3747

Additional Details

  • Ad ID3747
  • Posted On9 months ago
  • Ad Views420
  • Price$850,000

Description

About this Business for sale in Mid North Coast

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.

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.

Hardware’s.

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.

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

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.

3747

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