Location:
ACT > Australian Capital Territory
Investment level:
$829,000
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores
This supermarket for sale is an established and consistent provider. It’s located in a dense growth corridor of Canberra. So future demand is locked i...
This supermarket for sale is an established and consistent provider. It’s located in a dense growth corridor of Canberra. So future demand is locked in.
FEATURES OF THE BUSINESS:
• Well established in a modern suburb
• Consistent annual turnover
• Well presented
• Freehold available
• Currently owner managed.
SNAPSHOT OF THE BUSINESS:
• Average weekly revenue exceeds $64,000
• Normalised Net Profit of over $270,000
• Current rent equates to 4.2% of revenue
• Rent will equal zero if freehold acquired
• Stock of $200,000.
OVERVIEW:
This is a well-established neighbourhood supermarket servicing a dense residential catchment. Convenience driven, it results in consistent repeat trade and stable revenue.
It will suit an owner operator. Particularly one seeking control of the freehold. There’s also an opportunity to improve buying and pricing. The exclusive broker can tell you more about that.
Like to know more?
We’ve made it easy to do just that.
Simply click on the Confidentiality Deed icon or Send Enquiry. Complete your contact details, sign and submit. The broker, who is a supermarket specialist, will be in touch. He’ll be delighted to give you more information about this reliable freehold IGA supermarket.
FOR SALE: Business: Business: $829,000 + SAV - Freehold: $2,100,000
Contact the exclusive broker:
Mathew Hartley
Benchmark Business Sales & Valuations
M: 0400 412 593
T: 1300 366 521
If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6469 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
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