About the Business

This business has Golden Casket (LOTTO) which generates close to $50,000 pa. in commission. The premise is located in a small, single level, neighbourhood outdoor shopping complex which is surrounded by plenty of carparks.

This business has been there for long time and present owner took over in 2022. It is an independent supermarket and grocery store serving the local communities and supporting the grassroots charities and local community groups from the local areas. With such a sizeable store, the rent is reasonably cheap at around $1,800 per week (inclusive GST & O/G) with a very friendly and supportive landlord.

Averaged income per week is averaged at $17,000 including cash and after payment the costs of goods, rent, wages and misc. expenses, the owner has a remunerative passive income of close to $220,000 pa. The owner is reluctantly to offload but due to overseas relocation. He is committed to offer a smoothest handover and a post settlement tuition for the buyer.

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.