Supermarket - Retail - Supermarket - Pre.IGA brand - Nets $ 2835 p.w.-Inner West - M2222

Supermarket - Retail - Supermarket - Pre.IGA brand - Nets $ 2835 p.w.-Inner West - M2222

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

--


Industry :
Food/Hospitality - Supermarket ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

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About the business

Supermarket - Retail - Inner West - Agent SBX Code Number: M2222

Supermarket selling a full range of essential groceries, dairy products, frozen foods, cigarettes and some fruit and vegetables. Established more than 30 years with IGA brand and last year weekly takings averaged $50,000. Currently changed the business name to other grocer chain.

Potential
Local food lovers shop with huge growth potential for a motivated owner operator. -Could increase Asian groceries to cater multi-national local residents. Could add home delivery. Could add flower sales. Expand deli products. Possible to apply for liquor license. Opportunity to resume IGA brand.

Features
Good location. Long established for more than 30 years. Well known to locals. Large size shop. New and long lease available . Great growth opportunity.

Premises
Spacious and well presented shop with an area of approx.300 sq. mts with large store room and cool room and loading door area at rear.

Location
Prime location in local shopping street of Inner West suburb

Trading Hours
7 days - 7 am to 7 pm.

Lease
Current monthly rental payable. New 5 + 5 lease available, the conditions will be negotiated with the landlord.

Employees
One owner plus one staff

Comments
Misc.- 1-Bank fees and rubbish fees. Keen vendor has run the same business for 11 years and selling for family reasons. Great growth potential. Well priced to sell. A must to inspect.

Figures
Weekly Sales $28000
Rent (ex GST) $1996
Wages $1000
Profit $2835


Agent SBX Code Number: M2222 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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