LARGE FRESH GREEN GROCER - PROVIDING, FRUIT & VEGETABLES, GOURMET DELICATESSEN AND CONTINENTAL GROCERIES

For sale by ABBA Group | James Yu

Ads Details

Business Headline : Large Supermarket & Fresh Green Grocer - Providing, Fruit & Vegetables, Gourmet Delicatessen and Continental Groceries - Sydney's North Shore


Price : $630,000


Category : Food/Hospitality, Fruit/Veg, Deli, Supermarket


This large retail & wholesale based Supermarket and Fresh Green Grocer with product ranging from fresh fruit & veg, impressive gourmet delicatessen and source of high quality continental groceries. 


High consumer convenience with 42 parking spaces on the premise. 


Due to health complications with the owner, the price of the business reflects the need of a quick settlement. 


Key Features:



  • Turnover - $67,000/week

  • Gross Profit -21,350/week

  • Net Profit - $2,500/week

  • Add Backs - $301,665 All Add Backs will be varified as a condition of sale

  • EBITDA - $8,300/week

  • Brand new 5 year + 5 Year lease term

  • Rent - $3,667/week for 739m2 and 42 parking spaces

  • One full time owner operator 

  • One Part time owner accounts/administrator 

  • 6 casual staff as needed

  • All equipment owned and 3 years old

  • Large dry and cold storage facilities

  • Easily accessible with designated parking & large street presence

  • Existing website with easily available information on all products on offer


Potential:



  • Potential for new & expanded service and product offerings, including liquor license, to increase revenue

  • Website could utilise online ordering & delivery 


Operated by Husband & Wife, but due to health reasons, this high-profit shop is for sale and a quick settlement is desired. 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3934228#enquire-now

Annual Rent : $190,696 -
Weekly Rent : $3,667


Annual Turnover : $3,483,848 -
Weekly Turnover : $66,997


Annual Gross Profit : $1,110,379 -
Weekly Gross Profit : $21,353


Annual Ebit : $431,585 -
Weekly Ebit : $8,300


Premise : Leased


Lease Commencement : Jun 2017


Lease End : Jan 2022


Lease Option:
5 years


Total Land Area : 739 Square Metres


Total Floor Area : 739 Square Metres


Total No of Parking : 42



Franchise : No


Approximate Stock Value : $70,000


Year Purchased : 2014


Days Trading : 7


Staff :
- 6 Casual


Staff Salaries : $326,404


Reason for Sale : Vendor Heath Complications


Location : Large Street Frontage with 42 Car Spaces, Between 2 Main Roads in Sydney's North Shore


Business Potential : Increasing wholesale arm, growing grocery product range, introducing larger array of cheeses, pre-prepared meals, organic product offering, liquor license, online ordering & delivery


Parking Comments : 42 cars - Designated car park, not included in total land area m2

uniqueID : 3934228

Contact

Name:James Yu

Phone:0416 679 858

Advertisement