Established and Profitable Friendly Grocer Store for Sale in Quilpie, Western Queensland - A Fantastic Lifestyle and Income Opportunity
This is a listing for a well-established and profitable Friendly Grocer store located in Quilpie, Western Queensland. The store has been family-owned for many years and has built up a strong local customer base, as well as serving customers in remote areas who rely on the business to process their country orders and supply their homesteads with necessities.
The store boasts a weekly turnover of $77,000 for the 2022/23 financial year, with a gross profit margin of 26%. The adjusted net profit including rent is over $750,000 for the family operated business , and the business consistently returns profit year on year. The opportunity to expand the product range is available to further grow the business, and there is a large storage area that provides room for growth.
The business has an area of approximately 300 square meters for trading, and a 1 Bedroom Cottage located right next to the store is available for the incoming owner. The business is currently trading 7 days a week with room to expand opening hours on the weekends, providing a comfortable lifestyle for the owner while still offering a substantial income opportunity.
The freehold, which includes the buildings and a 1 Bedroom Cottage
The asking price for the business, freehold and Cottage is $1,990,000 + stock,
Key Points:
- Family/Owner operator
- Country lifestyle
- Flights back to Brisbane on regular basis
- Service the community and surrounding towns
- Year on year Growth
Business Snapshot:
- Weekly turnover 22/23 - $77,000
- Gross Profit of 26%
- Adjusted Net profit $250k+
- Consistently returns profit year on year
- Opportunity to keep expanding range to grow business
This opportunity presents a fantastic chance for a motivated buyer to take over a successful and well-established business in a peaceful country town, offering a comfortable lifestyle and substantial income.
The current owner and long-term staff have built up a strong reputation and will provide the incoming owner with support during the transition period.
Priced at $1,990,000 +Stock for the business and the freehold including Cottage this represents a 37% ROI for the total package.
For more information, interested parties should contact the exclusive broker:
David Zampech
Business Broker
Supermarket Specialist
Benchmark Business Sales and Valuations
M: 0422 671 375
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5477 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
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