Well Established Supermarket In NSW For Sale

Business description

T/O: Average: $38000 PW
Rent: $2393 PW inc GST
Lease: 3 x 5 years

- Medium size supermarket (140sqm) including a basement which is the same size.
- Minimal competition - No other supermarket on the same side of the station, residential and working class people will just go to Food Works to buy because it is convenient.
- Working class neighbourhood - CBA, NAB, Medical centre and a big pharmacy are just part of the surrounding shops.
- Easy to operate - only need 2 people at any one time.
- Current owners invested more than $800K on renovation.
- Close to train station.
- Due Diligence - Vendor has kept full account of 2010-2011 financial report, 2010-2011 tax return, invoices, computer sales report.
- POTENTIAL TO GROW - Add additional products such as flowers,more products on shelves and even provide internet service.

WARRANTY OF TURNOVER

#10672
Broker: Canaan Lim


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.