Reference No: 117-NSW10324

Convenience and Grocery
Rockhampton & Capricorn Coast Region QLD

Price: $159,000 + SAV

Supermarket in regional QLD for Urgent sale. Be Quick! For Sale



Asking Price $159,000 + SAV. Now $115,000 WIWO.

Fantastic opportunity to buy the Foodworks Supermarket at regional QLD situated on row of store.
* Over $250,000 worth of equipment and fit out
* Nearly $40,000 worth of stock will be part of the sale

An absolute bargain!

Operating since over 20 years. Just 3km from Airport, This Supermarket is on busy main road of Central coast. A massive supermarket with over 400 sqm store with all accessories and equipment. Close to all amenities.

Features of business
* Currently operated under Management
* Fruit and Vegetables
* Well presented with full Kitchen is rented to Asian food served at same premise paying rent of $1000/month

Features
* long lease till 2034(2+5+5), lease(rental) charges $6000/Month including GST and Rates.
* Weekdays: 5am - 9pm, weekends: 6am - 8pm
* Fully air-conditioned

Fruits, vegetables, and Groceries
* Monthly over $74,000 of sale at supermarket. currently averaging 32%GP
* Ample car parking both dedicated and street parking
* Many Cool rooms and freezers are in place
* Forklift (not working) and necessary equipment for super market is part of the sale
* Strong loyal customer base
* Low rent per month including outgoing
* Friendly landlord
* Digitally marketed supermarket

Revenue and Expenses
* Store sales- $74,000/month with the GP of 32%= $23680.00/PM
* Rent provided by Asian food counter= $1000/PM
* Rent per Month = $6000/month including outgoing
* Other expenses = $12,478/month.
* Total expense= $18,478/month.
* Monthly net earnings for under management before tax= $6202/month, under management if owners couple operated $14,202/month before tax or yearly $170,424.00
* Note: This store was doing over $120,000/month while owner operated, but under management is doing around $74,000/month.

Cost to Purchase
* Business: $115,000
* 1 month lease bond: $18,000
* 1 Month rental advance $6000.
* Legal fees for buying the business and lease

Potential
* Great opportunity for owner operator.
* Good to add juice bar
* Good for Immigration visa Subject to migration criteria.

Please Contact:

Broker: Gilraj VenkatappaPhone: 040174... (click to show)
Email: (click to show email)

Listing Number: NSW10324

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.  Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW10324
Timestamp: 202206... (click to show)0115
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Price: $159,000 + SAV
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Contact: Gilraj Venkatappa
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