High turnover Supermarket at Sydney Eastern Suburb
About this business for saleHigh turnover Supermarket at Sydney Eastern Suburb
This new supermarket brand is an active supporter of the local community. It is situated in an Eastern Suburb of Sydney and established in 2014, it is the largest tenant in a small shopping centre complex. This business is located off the main road in a busy and affluent suburb with residential building above, plenty of car park space available either in the centre or on the street. It offers full range of products, provides convenience to the local community, and it sells a huge range of goods such as fruit & veg, meat, frozen products, seafood, groceries, Asian food, bakery, deli, dairy, tobacco and more.
Key features of this investment opportunity:
- Prime location with plenty of parking spaces and very regular locals
- High sales turnover - over $7 million PA in 2018 by introducing quality fresh products at a competitive price
- Huge variety of product lines including fresh produce, bread, meat, dairy, chilled, frozen goods, tobacco and potentially adding liquor
- Great branding concept, designed to promote healthy eating and active lifestyles
- Full POS system with great reporting by department and store, full financials available
- 7am - 8pm trading hours to cater to lifestyles of the workers, parents, students and more!
- Large space over 1500 sqm with low rent and long secure lease
- Fully self -managed, current owner is only focusing on sourcing new products, stock taking and financial duties etc, however as a store owner, you need to be hard-working, driven, thrive on challenges and have a passion for success. You need to be good with the basics of running a business - especially stock control and cash handling
This is an unique opportunity for passionate store owners who takes initiative and demonstrates retail know-how to join one of the largest Australian retails groups; you will not be told how to run the business, however you will be provided by tools, support and service to help you success. This is a secure established business with strong growth potential and great financials rewards with people who aren't afraid to be themselves and recognize the value of building a brand on personality.
To enquire on this business visit www.linkbusiness.com.au/NSW08925 and click on "enquire now"
Phone: + 61 2 9899 1999
Mobile: +61 434 462 388
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
*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.