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Supermarket - Franchise - Retail - Popular franchise

Franchise for Sale
Supermarket - Franchise - Retail - Popular franchise
NSW

Supermarket - Franchise - Retail - South West N.S.W. - Agent SBX Code Number: FC1006 Supermarket currently selling a full range of groceries, frozen food, drinks, fruits and vegetables,...

Price $1,300,000.00

Supermarket - Franchise - Retail - Popular franchise

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Years Est:
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Supermarket - Franchise - Retail - South West N.S.W. - Agent SBX Code Number: FC1006



Supermarket currently selling a full range of groceries, frozen food, drinks, fruits and vegetables, deli, meats and cheeses. - The business is almost run under full management so wages can be dramatically reduced for a working owner. - Owner currently onsite up to 15- 20 hrs pw as required.



Potential

Together with solid Franchisor support, the opportunity exists to introduce a local advertising / loyalty programme in conjunction with an extended deli, fresh vegetables and bakery offering. -Additionally a supermarket liqour licence could broaden overall demand.



Features

Significant growth in sales since opening in 2015 - Good location - Long lease



Premises

Recently renovated with huge area of 1150 sq. mts. with modern layout and easy to maintain, inc 6 x checkout facilities



Location

Great location opposite primary school and modern retail complex including medical / dental & pharmacy tenancies.



Trading Hours

7 days - Mon. - Sat. - 6 a.m.- 8 p.m. - Sun. - 8 a.m.- 8 p.m.



Lease

Current lease expires 25th March, 2033 + 10 year option toexpire in 2043 - Lesser of 3% or CPI annual rental increases - Owner personal guarantee for rent in lieu of bond



Employees

2 Managers fulltime (deli & checkout) + 12 parttimers + 6 casuals.



Comments

One of the largest independent supermarket groups, with over 400 supermarkets throughout Australia and $2 billion in annual sales. - Vendor is prepared to offer up to 4 weeks post sale support subject to agreement between the parties. - As a franchisee the store is able to offer its customers a unique equal price promise and to remain highly competitive - This is based on a weekly competitor product check of 1000s of branded products, undertaken by the franchisor.



Agent SBX Code Number: FC1006 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163137
SBX ID: FC1006




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