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

Description

Business type: IGA convenience store with commercial property

Location: southern Sydney

Sale structure: freehold going concern

Asking price: $2,790,000 plus stock at value

Estimated stock value: approximately $170,000

Business overview

Established IGA supermarket operating from a commercial property in southern Sydney.

Annual business revenue: approximately $2,000,000

Annual net profit as property owner: approximately $386,000

Gross profit margin: 30%

Property

Property size: approximately 543 sqm

Car spaces: 7

Storage units: 1

Customer parking: available

Location

Position: busy commercial area

Visibility: high

Accessibility: established

Residential neighbourhoods: nearby

Sports facilities: nearby

Recreational facilities: nearby

Store

Retail area: spacious

Fixtures: modern

Shelving: in place

Financials

Annual revenue: approximately $2,000,000

Annual net profit as property owner: approximately $386,000

Gross profit margin: 30%

Estimated stock: approximately $170,000

Transition

Training from current owner: included

Post-sale assistance: available

Sale

Property and business price: $2,790,000 plus stock at value

Sale structure: FHGC

Additional financial and property information: available subject to confidentiality agreement