About the Business

Right in the middle of this growing beachside town, you’ll find this Friendly Grocer for sale. And, as an added bonus, right next door, the separately branded liquor outlet is part of the deal!

This supermarket is directly across the street from the beach and prominently positioned in the middle of the shopping strip. This location can’t be beaten.

Features of the business:
• Well established
• Occupying a corner site in the middle of town
• Rapidly growing area
• Increasing tourist trade
• A separate liquor shop next door is included
• Under full management.

Snapshot of the business:
• Average weekly revenue of $117,000
• Healthy Gross Profit %
• Adjusted Net Profit of 10% of revenue
• Combined area of both premises of 562 m²
• Monthly rent of $36,279 + GST
• Lease through 2030 with two 5-year options.

Overview:
This Friendly Grocer, for sale recently changed its banner from IGA. If preferred, it could easily change back. However, it’s branded, and customers continue to come. Annual sales now top $6 million. It rewards its current investor-owner with a strong financial return. It will do the same for a new investor. An owner-operator can bank on an even higher return.

Interest piqued?

We’ve made it easy to find out more…
Just click on the Confidentiality Deed or Enquire icon, complete your contact details and submit. The exclusive broker and supermarket specialist will be in touch. He’s keen to provide more details about this Friendly Grocer supermarket.



FOR SALE: $1,995,000.00 + SAV

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: bus6173 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.
Benchmark Business Sales and Valuations