IGA Supermarket plus Liquor for Sale - Newcastle Region

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Camargue Business Brokers and Realty

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Summary

Professionally managed

Potential

Great opportunity

About the Business

This business is prominently located serving the local community and surrounding coastal region.
Run fully under management.

Sales: $200k per week approximately
GP: 26.4%
Rent: $242 794 plus GST per annum. Lease up to August 2027, further options by negotiation.
Profit: $751 000 per annum
Trading hours: 7am to 7pm
Stock at Valuation: $400k - $500k

Selling for $2.99m plus Stock plus Metcash Bank guarantee $270k plus 3 months Rental Bond.

Contact: Joe Singh
0422466225
Ilita Singh: 0423265744
Camargue Business Brokers and Realty PTY LTD
Website: Camarguebusiness.com

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