This well-established IGA Friendly Grocer, located in Smiths Lake, NSW, offers a rare opportunity to acquire a cornerstone business in a coastal community.
Key Highlights:
- Location:Location, Location. Only grocery store in local strip shops. (IGA FRIENDLY GROCER)
- Established: Operating since 1995, first time for sale
- Trading Hours: 7am-7pm, 7 days a week
- Lease in place till 2026 plus option to renew to 2031.
- Staff: Owner plus 1 employee (owner and a casual)
- Expansion Potential: Addition of lottery services, increasing grocery lines
- Reason for Sale: Owner retiring after 30 years
- Financial Records: Last 3 years' figures available
- Long-standing Business: Established over 30 years ago
- Growth area.
Business for sale-Rare Oppertunity!
- For the first time in 30 years,this thriving family business is being offered for sale! Situated in a prime location on the Mid North Coast of NSW, this established business enjoys a steady stream of local and tourist trade year-round, thanks to its proximity to stunning lakes and pristine beaches.
- Perfect Timing: Make the move now and be set for the busy holiday season, maximizing your profits right away.
- Servicing the population of Smiths Lake community and surrounding areas for over three decades, owned and operated by the same person since its inception in 1995. As the only grocery store in the suburb, it holds a unique position in the local market.
- Proven Track Record: This business has shown consistent sales for decades,withs the current takings averaging around $30000.00 per week
The business offers a turn-key operation with established clientele and consistent trade. The current owner, who has been involved in day-to-day operations alongside a casual employee, is retiring and offering the business for sale for the first time.
This retirement sale presents an excellent opportunity for an experienced retailer or a family looking for a sea change with a stable business. The lease terms are flexible, with the possibility of extending beyond the current leasae period if required the new owner.
Price: $550000.00 xxxxx stock at valuation
Genuine inquiries only: NO AGENTS/BROKERS.-DONT MISS OUT ON THIS ONCE -IN-A-LIFETIME CHANCE TO OWN THIS SUCCESSFUL, WELL LOVED BUSINESS.
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