About the Business

Freehold & Business Investment - $1,150,000 + SAV

Opportunity to acquire an established IGA X-Press supermarket, Duncan's Bottle Shop and Post Office agency in a country regional town on the north west coast of Tasmania.

Located South Riana, the country store has been a mainstay for over 80 years. It is only 20 kms from the very scenic and popular tourist town of Penguin.

The business has several diversified income streams including a IGA X-Press supermarket, fuel sales from two bowsers, Duncan's Bottle Shop outlet, and the local Australia Post agency with 190 PO boxes.

Ideally suited to an owner operator family ownership and providing employment for children, or as a partnership for two working families.

The freehold supermarket and detached 4 bedroom residence is available for purchase.

* Supermarket is part of independent IGA stores

* Sales turnover $2.5M

* South Riana Store is on the main road to major local tourist attractions and several nearby camping grounds.

* Owners have already invested in two new above ground fuel tanks. No further money to be spent.

* Liquor licence with Duncan's Bottles Shop

* Excellent family business opportunity

* Separate detached family residence with 4 bedrooms & 2 bathrooms.

* Additional vacant land opportunity behind store

* Full financial and due diligence available

The current owners acquired the store 15 years ago and are ready to retire.

Please click the enquiry button to obtain further details, or call 0448 887 398 (Chris)

Or email chris.mitchell@finnbusinesssales.com.au

FINN BUSINESS SALES TASMANIA website:

https://tasmania.thefinngroup.com.au/