Supermarket - Convenience Store - Supermarket - Specialty - Hills District Syd. Net $4000 pw - sell price neg - F3436

Supermarket - Convenience Store - Supermarket - Specialty - Hills District Syd. Net $4000 pw - sell price neg - F3436

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

--


Industry :
Food/Hospitality - Supermarket ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Supermarket - Convenience Store - North West Sydney - Agent SBX Code Number: F3436

Supermarket ( Specialty ) in major shopping centre selling a variety of well sought after Mediterranean & Persian products ranging from saffron to Bulgarian goats cheese, Croatian wafers, seasoning, Italian biscotti, Greek dolmades, Persian olive oil, tea from everywhere, Turkish coffee, Persian Infused tea leaves and much more, Over 200 fantastic items on the shelves. Fresh bread, nuts, deli, sweets & much more are on offer. Client mix are approx. about 30% Persian - 30 % Arabic - 30 % Chinese - 10 % Other . The business only sells a very small percentage of deli items that are very profitable to the business but the business is not really a deli in its current form .,

Potential
This business has potential to grow with additional profit with the following add ons- Home delivery service- e-commerce shopping cart app- approval from shopping centre for Halal Butcher (space physically to add)- Door Dash, Menulog, Uber Eats - Shop could open earlier.

Features
Great selection of products - High volume of foot traffic - Good fit out -Friendly staff/customer service. Well known in the community

Premises
The shop is approx. 171 sq. mts. and is a very upmarket style deli with an almost new fit out

Location
Fantastic location in a high foot traffic boutique shopping centre with free parking available on site and easy access to train station nearby.

Trading Hours
7 days 9 am to 6 pm. Thursday 9 am - 8 pm

Lease
Current lease expires March 2025 + 3 month bond - 5 % annual rental increases - New lease available

Employees
One owner works only 3 days p.w. plus 2 casuals work 30 hours per week each . The casual workers currently working there are really good with the customers .

Comments
The shop is very clean and operated as Owner / Manager with limited employees. The stock is of high value and goods are not priced for those looking for a bargain. This is a growing business with a fantastic mix of new and regular customers frequenting the store more and more. Outgoings include one car space for the owner of the shop

Figures
Weekly Sales $18000
Rent (ex GST) $1670
Wages $800
Profit $4000


Agent SBX Code Number: F3436 - 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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