The Phone Code for this property is: 74208. Please quote this number when phoning or texting.
Corrigin Supermarket and liquor business and freehold is for sale.
Business Overview:
Location: Corrigin, a country town with ~1,000 residents, 200 km from Perth.
Distance to Competition: Nearest Coles or Woolworths is 110 km away.
Building & Floor Space:
Supermarket: Over 500 sqm of display space, including a spacious walk-in cool room and freezer.
Cafe: 200 sqm, equipped with a commercial kitchen, coffee machine, and hospitality equipment in excellent condition. (Currently closed but ready for operation perfect for someone with hospitality experience.)
Key Investments and Upgrades:
$300,000 CAPEX spent in the past 36 months on:
New air conditioning
Fridges & freezers
Solar power system
Various new equipment to modernize operations.
Business Performance:
Average Weekly Sales: $60,000 (inclusive of GST) with short operating hours.
Potential: Opportunity to reopen the cafe (one of only two cafes in town) and further enhance profitability.
Offer Details:
Sale Price: $1.9 million (including freehold building, supermarket, liquor store, and cafe).
Plus stock: Estimated at around $350,000.
Financing Requirement: Minimum of $1.5 million in cash required to purchase.
Buyer Requirements:
Serious inquiries only.
Potential buyers need to provide basic information about themselves in the inquiry.
Proof of finance may be required before further communication. No time wasters.
How to Inquire:
If you are ready to take the next step, please email inquiries with your background and confirmation of financing. Only qualified buyers with finances in place will receive a response.
This is an excellent opportunity for an experienced operator looking for a well-established business with multiple streams of income, located in a supportive regional community with little competition nearby.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
