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Foodworks Northern Tablelands Area Nsw For Sale

Glen Innes, New South Wales, Australia
Asking Price:
$450,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1,500,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Turnover $1.5M pa (Ex GST) (approx.). Established 71 years. Good net profit. The freehold is owned by the vendor who is prepared to enter into a long term lease with a purchaser.

This business is essentially an independent supermarket, which belongs to the “FoodWorks” marketing group. An extensive range of products are carried, which broadly include; fresh fruit and vegetables, processed meats & poultry, quick meals, tin foods, sweets, butter & other spreads, milks & other dairy products, soft drinks & juices, coffees & teas, cereals, breads, toiletries, pet food, washing detergents, cleaning products, etc. The supermarket is clearly visible by the “FoodWorks” fresh orange and green logo design and signage. The business is simple to run with the marketing group taking care of some of the marketing, new product development etc.

The premises are single level and possess 270 degrees exposure to a busy road and side street. Some of the nearby businesses include: a bakery, a bar & grill restaurant, a hotel, Australia Post, a roadhouse and various industrial businesses. The public school in the town is also nearby.

“FoodWorks is a strong, fast growing marketing group which was formed during November 2004, when FoodWorks Supermarket Group Ltd (FSG) and Australian United Retailers (AUR) merged. It now boasts over 600 supermarkets and food & convenience stores throughout Australia, with over 400 stores operating under the FoodWorks brand. (NB the photo is a generic photo only & not a photo of the actual business). Great opportunity to get into the supermarket buisiness!! Well sought after marketing group!!

Asking $450,000 + SAV.

Business Operation

Years established:
71

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Inventory / Stock value:
$130,000 (AUD)

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