High Exposure Supermarket With Strong Local Trade Sutherland Shire Sydney

Description

An outstanding opportunity to acquire a well-established supermarket positioned within a high-density residential precinct in a popular neighbourhood shopping village.Located on a prominent corner site with excellent street exposure, the business benefits from strong passing traffic, a loyal local customer base, and convenient customer parking directly in front of the premises.The current owner has operated the business successfully since 2019 and is now seeking retirement, presenting an opportunity for an incoming owner-operator to continue and further develop the business.Business Highlights:* Prime corner position with strong street exposure* High-density residential catchment area* Approximately 180sqm internal premises with high ceilings* 14 shared off-street customer parking spaces* Located within a busy local shopping village* Opportunity to expand trading hours and product range* Undercover frontage area suitable for additional displays and merchandising* Fully equipped supermarket including: * Display fridges * Walk-in cool room * Freezers * Extensive shelving * Air-conditioning throughoutTrading Hours:* Monday to Friday: 6:00am - 7:00pm* Saturday & Sunday: 6:00am - 6:00pmFinancial Snapshot:* Weekly Sales: Approximately $16,500* Cost of Goods: Approximately $11,000 per week* Owner-Operator Profit: Approximately $2,500 per week* Stock Required: Approximately $50,000Weekly Expenses:* Rent: $2,200 + GST* Electricity: Approximately $315 per week* Insurance: Approximately $55 per week* Accounting: Approximately $150 per week* Casual Staff Wages: Approximately $300 per weekLease:* Current lease in place until 2027* Potential for a new lease to be negotiated* Annual rent increases of 3.5%* No outgoings payableSelling a broad range of perishable and non-perishable grocery products, the business offers a proven and straightforward operation with immediate cash flow and clear opportunities for growth.Well-established supermarkets in tightly held residential locations are rarely offered for sale. Enquire today for further information.