Here's a corner shop that thinks it's a big supermarket. Always busy, it earns consistently high profits. And that's fully managed. An owner operator would make even more.
It may not be big. But it punches well above its weight. Every square metre of this IGA for sale earns almost $16,000 in revenue! That's well above most other stores.
Snapshot of the business:
Average weekly sales of $119,342
Gross Profit of 27%
Consistent performer, year after year
Rent always under 3% of revenue
Monthly rent of $15,112 + GST.
Features of the business:
Major tenant in small, suburban centre
Long lease with options
Lotto outlet
Strong local customer base
Currently fully managed.
There are not many supermarkets where the floor space works so hard. The shelves are packed. And the check-out terminals hum from 6 am until 10 pm, every day of the week. Which is more than a lot of bigger stores can lay claim to.
And where else will your rent come in at under 3% of revenue? Without changing anything, as the new owner, you'll bank very healthy profits. From day one.
Like to see it? Just complete the simple Confidentiality Deed or click on the Enquire icon. Let the broker know your name and preferred contact, sign and submit. It's that easy. He'll be in touch with further information. Then he'll arrange an inspection. And, in next to no time, you'll be the new owner of this great little IGA supermarket.
FOR SALE: $1,795,000.00 + SAV
Contact the exclusive broker:
Mathew Hartley
Benchmark Business Sales & Valuations
M: 0400 412 593
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: bus5915 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.
Benchmark Business Sales and Valuations
