LINK Business Brokers Australia

About this Business for sale in Dee Why

Highlights of the business

  • Well established business operating in the same location for over 20 years
  • Business operating under current management for over 11 years

Selling Indian groceries and variety of other items, this long-established business has been providing top quality products at affordable prices to the local community. The versatility of the business and its location can enable the buyer to add/convert it into a fruit and veg shop or a mixed business. Located on a busy shopping strip in the heart of the local area’s hospitality and retail hub, the business experiences high foot traffic.

The premises have been well equipped and fitted and comes with 8 parking spaces reserved for the business customers.

Key features of the business include:

  • Annual Revenue of around $1,200,000.
  • New Lease started in Jan 2021 and valid till 2036.
  • Monthly rent of $9023 including all outgoings & GST.
  • Long established business doing retail and wholesale with predominantly Australian clientele, 5-star hotels, clubs, schools, and restaurants.
  • Strong supplier base.
  • E-commerce portal available.
  • Personalised branded products.
  • Close to public transport.
  • Opportunity to acquire a business with all the hard work done and everything in place for a continued profitability.

Do not miss this opportunity to buy an essential business.

For more information, please contact Amit Gupta for a detailed business information including financials and more.

Listing ID: NSW10302

Broker: Amit Gupta
Phone: 0491 616 144
Email: amit.gupta@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW10302

Disclaimer: Photos are for illustration purposes only and are not an actual image of the business for sale.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Indian grocery store, grocery shop business for sale, business for sale north Sydney, grocery business for sale, Indian business for sale, business for sale in Sydney

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW10302
Profit*: Refer to broker
Sales Revenue: $1,200,000
Northern Beaches, Dee Why
Food/Hospitality, Supermarket
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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