Retail Food Store - $200k Profit To Owner

Sydney, NSW

Food/Hospitality / Takeaway Food, Retailer, Butcher
$265,000
Listing ID1688544

Questions and Comments

Quick Enquiry

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This store has been going for nearly 20 years in the same location. It was refurbished 4 years ago, and is still looks new. This food business has been seeing excellent growth with an impressive profit margin of 24%.

The business is well positioned inside a 65 sqm store with a long refrigerated display counter and a rear prep area.

Potential
The store has a long and profitable trading history. With a growing population and increased traffic due to the recent centre redevelopment, there are ongoing opportunities for growth.

Skills
There are no specific or technical skills required for this business, although previous experience in a retail environment would be ideal.

Hours
7 Days - 7 am to 6 pm

Lease
A new lease will be offered to the buyer but, will need to go through the normal centre approval process.

Employees
1x Full time
11x Casual

About the Business
Selling a range of fresh chickens and related products. The store has been around a long time and is well known in the area. They have a great reputation and are known for their tasty recipes. The current owner is keen to see the next buyer succeed, and is willing to offer a period for training and handover of the business.

A few great facts about the business:
- $620k+ in turnover.
- Training provided in handover period.
- Location yields high foot traffic.
- The business has a fresh and modern fit-out.

For more information on this opportunity, please contact the undersigned:

Simon Bedard
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0488 899 944 T: 1800 858 696 E: simon.bedard@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1688544 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.