SUMMARY
Turnover $1.7M per annum (Ex GST) (approx.). Net to 1 owner $280K per annum (approx.). Great lease + 5 years option. Established 2014.
ABOUT THE OPPORTUNITY
The business is essentially an independent supermarket, which belongs to the "Friendly Grocer" marketing group. This supermarket 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. However, each Friendly Grocer store is different with a strong sense of independence. The Friendly Grocer packaging is a distinctive gold/yellow colour with black writing.
The presentation of the business is impeccable. The business is very simple to run, the franchisor taking care of marketing, new product development, corporate image, etc.
LOCATION DETAILS
The premises are single level and possess 180 degrees exposure to the footpath and street, in a small neighbourhood shopping complex. The Floor area of the premises is approximately 300 m2.
Some of the nearby businesses include: a butcher shop, a fruit & vegetables shop, a newsagency and various cafes and restaurants.
THE BRAND
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. Friendly Grocer's head office is based at Crestmead Queensland
GREAT INVESTMENT!!! QUICK SALE REQUIRED AS VENDOR IS MOVING INTERSTATE!!!
Asking $299,000 + SAV.
Phone: (0414) 286 555 or (02) 9032 2765
Website: www.businesses4you.com.au
