The store that's served Normanton well for years is for sale. So too are the freehold premises. It just requires a couple to run it, keen to watch their bank balance grow.
Snapshot of the business:
Average weekly sales of $67,556
FY2024 Normalised Net Profit exceeded $500,000
No rent
Minimal wages
Stock of $150,000.
Features of the business:
Freehold included
Minimal overheads
Main street location
Property, plant and equipment valued at more than $1 million.
Overview:
Normanton is the administrative centre of the shire of Carpentaria. It sits on the Norman River, upstream from the Gulf and has a tropical savanna climate. The store, in the middle of town, is one of the hubs of the community. It's next to the only bank in the region and just around the corner from the area's two schools.
The store's turnover is on a par with many small urban supermarkets. Yet it doesn't have the same overheads. So profits are disproportionately higher.
If that appeals to you, find out more. Just click on the Submit Confidentiality Deed or Enquire icon, complete your contact details, sign and press 'submit'. The broker will be in touch. He'll be happy to provide further information about this remote convenience store and freehold.
FOR SALE: $1,300,000.00 + 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: bus5877 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
