Network Infinity Phone : (02) 81 ****

Independent Supermarket For Sale Sydney South West | VERY High Turnover |

Listing Id : 276791

Location : New South Wales

Category : Cafe and Coffee Shop, Supermarket

Asking Price : $900,000

Business description

One stop shop Supermarket in Sydney South West. Sets on large premises, total 3600 sqm, including its own carpark area. Massive turnover $ 120K pw. Rent only 5.3 %, very reasonable for the size. Well established for over 12 years. Well known in the area for its products, gourmet specialty grocery, and great price. The store is purposely built and designed to be a one-stop shop, with different departments in each section of the store. It has its own delicatessen, butcher, seafood section, bakery, and separate cafe area, fruit/veg display, and retail section. Each section is fully equipped with all commercial equipment, display refrigerated cabinet, scales, etc. There are 5 coolrooms, 2 freezers, loading dock, upstairs office & kitchenette. All the necessary plant and equipment worth over $ 600K comes with the sale price, including forklift and van. Currently run by one owner, who manages the store, does the paperwork and buying from the market. Each department has a key staff who is in charge of that department. Although it is manageable by one person, the store has so much potential to expand, if there is an extra hand on board. Current turnover $6.3 million per annum is only by walk-in. No deliveries, no accounts, no online store. The potential is enormous. Each department has the potential to increase its revenue, especially the cafe/bakery section, which has underutilised outdoor seating area. Potential to introduce wholesale, accounts, deliveries to local businesses/nursing homes, online store, etc. The business is fully equipped with van, forklift, storage area and coolrooms to manage a larger scale operation. Very healthy Net Profit. Great business with a very solid foundation and enormous potential. YOU WILL BE IMPRESSED!!!! AN INSPECTION IS HIGHLY RECOMMENDED FOR ANY SERIOUS BUYER ********************************************************* PLEASE CONTACT: . MIKE ARVYTHIS **** ****

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