- Price: $159,000 + SAV
- Categories: Food/Hospitality
Fantastic opportunity to buy the well performing Foodworks Super market at country town of Queensland situated in a set of shops.
Operating since over 20 years. Just 3km from Airport, This Supermarket is on busy main road of Gladstone . This is a massive supermarket with over 400 square meter store with all accessories and equipment. Close to all amenities.
Currently fully under management, however this would be good for owner couples operated.
Features of business:
* Currently operated under Management.
* Fruit and Vegetables
* Well presented with full Kitchen is rented to Asian food served at same premise paying rent of $1000/per month.
* long lease till 2034(2+5+5), lease(rental) charges $6000/Month including GST and Rates.
* Weekdays: 5am - 9pm, weekends: 6am - 8pm.
* Fully Airconditioned
Fruits, vegetables, and Groceries
* Monthly over $74,000 of sale at supermarket. currently averaging 32%GP
* Ample car parking both dedicated and street parking
* Many Cool rooms and freezers are in place
* Forklift (not working) and necessary equipment for super market is part of the sale
* Strong loyal customer base
* Low rent per month including outgoing
* Friendly landlord
* Genuine vendor due to other commitment selling the business
* Digitally marketed supermarket
* Separate office, kitchen and toilets for staff.
* Fully Monitored.
Revenue and Expenses
* Store sales- $74,000/month with the GP of 32%= $23680.00/PM.
* Rent provided by Asian food counter= $1000/PM.
* Rent per Month = $6000/month including outgoing.
* Other expenses = $12,478/month.
* Total expense= $18,478/month.
* Monthly net earnings for under management before tax= $6202/month, under management if owners couple operated $14,202/month before tax. Or yearly $170,424.00
* Note: This store was doing over $120,000/month while owner operated, but under management is doing around $74,000/month.
Cost to Purchase
* Business: $159,000 or more + SAV
* 1 month lease bond: $18,000
* 1 Month rental advance $6000.
* Stock: $40,000 + or 10%
* Legal fees for buying the business and lease
* 3 years POS reports available for serious buyers after deposit.
Note: No financials available, trial to check the revenue available after deposit and exchange (fully refundable). Serious buyers only please. This is genuine business for quick sale.
* Great opportunity for owner operator.
* Good to add juice bar
* Good for Immigration visa Subject to migration criteria.
Broker: Gilraj VenkatappaPhone: ----------
Email: gilraj[email protected]
Listing Number: NSW10324
To complete an online confidentiality agreement, visit this business at: https://------------.---.--/businesses-for-sale/ca/NSW10324
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF