Premium Freehold Property and IGA Convenience Store in Sydney’s South - 1SELL Listing ID: 1AU0184

Description

Asking Price: $2,790,000 (Property + Business as a FHGC) plus SAVKey Highlights:* Prime commercial property with profitable IGA convenience store in Sydney’s South* Strategically located in a busy area, offering high visibility and accessibility* Ample parking space available for customers* Current owner will provide training to the new owner and ongoing assistance post-sale to ensure a smooth transition* Close proximity to residential neighbourhoods, sports facilities, and recreational facilities, ensuring steady customer flow* Gross profit margin: 30%* Property size: 543 sqm (includes 7 car spaces and 1 storage unit)* Business annual revenue: approximately $2,000,000* Business annual net profit as property owner: approximately $386,000Overview:This is an opportunity to acquire a prime commercial property combined with a profitable IGA supermarket in southern Sydney. The supermarket features a spacious retail area with modern fixtures and shelving, designed to serve the local community. Ample dedicated parking enhances customer convenience and supports consistent trade.Located adjacent to sports fields, recreational facilities, and residential neighbourhoods, the business benefits from steady foot traffic and strong local patronage. The supermarket contributes significant income and stability, making this a combined property and business investment.Further financial and property details will be provided to serious buyers upon completion of a confidentiality agreement.Cost to acquire:Price: $2,790,000 (Property + Business as FHGC) plus SAVEstimated stock: $170,000