A rental market review has recently been conducted. This is expected to result in a reduction in annual rent of up to $200,000. And all of it will flow to the bottom line.
In addition, the store's solar panels are currently being upgraded. This will result in an expected saving in the annual energy bill of up to $50,000. Again, this will have a positive impact on net profit.
Plans to upgrade the centre are being finalised. And, within the store itself, the vendor has recently spent more than $300,000 on new plant, equipment and refurbishments.
As the new owner, you will benefit from all of these improvements.
Features of the business:
Excellent location
Beautifully presented
Key staff in place
Major rent and energy savings imminent
Plenty of customer parking
Currently fully managed.
Snapshot of the business:
Average weekly sales of $121,480
High gross profit of 27%
Premises size 1,161 m²
Good long lease
Monthly rent of $48,768
Stock of $400,000
Finding out more couldn't be easier. Just click on the Confidentiality Deed or Enquire icon and complete your contact details. The exclusive broker will be in touch. He'll be pleased to provide all the information you need to acquire this large, fully managed IGA supermarket.
FOR SALE: $2,100,000.00 + 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: bus5696 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
