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Friendly Grocer Supermarket Sydney Upper North Shore
Advert Id: 270197, Sellers Ref: (1486)Location:New South Wales
Category:Supermarket, Franchise, Food
Asking Price:$110,000
- Sales revenue : $1,350,000
- Net profit : $187,000
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : $120,000
Business description
Upper North Shore. Turnover $1.35M per annum (excluding GST). Net to 1 owner $3,600 per week. Established approximately 30 years. Good lease plus a 3 years option. Good rent deal.
The business is essentially an independent supermarket, which belongs to the “Friendly Grocer” marketing group. It carries an extensive range of products, which broadly includes; fresh fruit and vegetables, processed meats & poultry, quick meals, tin foods, sweets, butter & other spreads, milks & other dairy products, soft drinks & juices, coffees & teas, cereals, breads, toiletries, pet food, washing detergents, cleaning products, etc. The supermarket is clearly visible by the “Friendly Grocer” fresh yellow and green logo design and red and white signage. The business is very simple to run, the franchisor taking care of marketing, new product development, corporate image, etc.
The premises are located in a food hub shopping complex which fronts a busy main road at Waitara, in the Sydney Metropolitan area. The store has 180 degrees exposure to the main carpark, which belongs to the complex, with large windows fronting the same. Some of the businesses within the complex, include: a Chinese takeaway, a pizzeria, Thai Riffic Thai restaurant, Lifetime Shop, a liquor store and a florist. The floor area of the premises is approximately 270 m2. There is ample parking within and around the shopping complex.
The ‘Friendly Grocer’ group, formerly known as ‘Four Square’ was founded in New Zealand during 1923 and expanded into Australia during 1956. The ‘Friendly Grocer’ brand was introduced during 2006. The Friendly Grocer group is supplied by Metcash, who also supply IGA and FoodWorks. The Friendly Grocer group now boasts over 450 supermarkets and food & convenience stores throughout Australia. (NB the photo is a generic photo only & not a photo of the actual business). GREAT OPPORTUNITY TO GET INTO THE SUPERMARKET BUSINESS!! WELL SOUGHT AFTER MARKETING GROUP!!
Asking $110,000 + SAV.
Phone: [Phone Number Censored] or [Phone Number Censored]
Website: [Web Link Censored]
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