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Commercial, For Sale, Business, Food Hospitality, Kogarah, New South Wales

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shop 1 /86-88 Railway Parade Kogarah NSW
$100,000

Business with a lot of Opportunity !

Fully equipped profitable business (financials available) that has the potential to grow much further with a passionate new owner. It is a well-respected family run Gourmet Delicatessen, European Grocery Market and Café with a large regular clientele.   The business is located in prime position on one of the busiest strips in Kogarah. It is opposite to a train station, near a bus stop with a lot of foot traffic and walking distance to major banks, hospitals, supermarkets, post office. Stylish mixed retail with an area of approx. 110 square metres, toilets, storage and 2 parking spots at the back. The owner has decided to retire but will provide all the necessary support and assistance in the handover process as necessary. POTENTIAL: Café – sells coffee, hot beverages, toast, sandwiches, sweet, etc. Curre

Fully equipped profitable business (financials available) that has the potential to grow much further with a passionate new owner. It is a well-respected family run Gourmet Delicatessen, European Grocery Market and Café with a large regular clientele.  

The business is located in prime position on one of the busiest strips in Kogarah. It is opposite to a train station, near a bus stop with a lot of foot traffic and walking distance to major banks, hospitals, supermarkets, post office. Stylish mixed retail with an area of approx. 110 square metres, toilets, storage and 2 parking spots at the back.

The owner has decided to retire but will provide all the necessary support and assistance in the handover process as necessary.

POTENTIAL:

Café – sells coffee, hot beverages, toast, sandwiches, sweet, etc. Currently has 16 seats inside (this can be expanded with more seats inside and outside or bar type seating). Great opportunity to also expand the café by adding more options to the menu  (sweets, which used to sell a lot but the owner who used to make them was unwell and has since stopped selling so many sweets, but the potential is there to start it up again, pies, quiches, etc). 

Grocery – currently stocking a number of groceries from a number of southern European countries. Potentially could add more products from different countries.

Deli – a wide range of cheese, hams, salamis, olives, etc. With a potential to do catering, party deli platters or deliveries.

Marketing – currently the business does not have any marketing. Potential to set up website, newspaper marketing, local radio marketing to expand business exposure.

Trading hours: 6 days (Mon-Fri 7.30 – 5.30, Sat 8-4, Sun Closed) Possible to extend trading hours if desired.

Staff: Currently run by 1 owner and 2 loyal part time employees. Ideal for a family business and if run by a couple it could reduce wages and improve the bottom line.

Lease: Currently lease expires October 2019, new lease options available.  3 months bond needed for lease.

Current sales over $10,000 p.w. with net profit $3,500 p.w.

Asking price only - $100 000 + plus stock.

Property Detail

Property ID:

15298

Type:

Commercial

240
Address:

shop 1 /86-88 Railway Parade Kogarah NSW

Building Size:

120Square Metres

Car Parking:

2

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