Supermarket/Convenience Store For Sale
Location Australia
Asking Price Range $250K - $500K
Gross Revenues $1100000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description * Part of the largest, and one of the most progressive and innovative food retailers in the world.
* Easy operation
* No competition with major supermarket for 2.5kms
* Current owners for last 6 years and established for 20+ years
* Profit has increased every year
* 1 owner works full-time with partner supporting 3-4hr per day
A great opportunity to acquire a well established business that's easy to operate, is part of a worldwide food retail network with great support and product offering. Strategically located in the south west Sydney in a medium density housing neighborhood shop strip amongst other businesses. No competition in the local area with the nearest major supermarket approximately 2.5kms away.
The business sells a range of frozen food, soft drinks, groceries, newspapers, confectioneries, small deli and cigarettes. The owner has advised he has streamlined the product offering and operations to enable strong gross profit margins. The business is being offered for $399,000 (excluding gst) plus stock at value. Email or call Taran Singh at 0433 107 356 for more information on this supermarket/convenience store for sale.
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