- Price: $850,000 + SAV
- Categories: Food/Hospitality
This business has not only survived the economic ups and downs over the past 35 years, it has thrived throughout the Covid-19 pandemic!
Increased sales, gross profit, and net profit showing continuity and strength in their customer base.
Magnetic island has taken on a new lease of life with residential growth, new business development, and increased tourist numbers!
This is a unique opportunity for a tropical lifestyle with solid income proven through the years.
Key features of this business:-
* Annual sales circa $4.2M.
* Gross profit 30.5% well above industry norm.
* Good lease terms, rent 3% of revenue.
* State of the art POS system recently installed to facilitate ease of day to day operation.
* New interactive web site with online shopping & delivery.
* The latest security systems.
* Located for over 35 years in a fast growing shopping centre with huge customer draw lots of parking. In 2019 new businesses opened nearby attracting further
customers to the centre.
* Ideal business for a family or couple to maximise profits, easy to run, fully compliant. Great lifestyle operation.
* Long term, competent and reliable staff capable of managing the business while owners are away.
* All plant, equipment, and vehicles included in the sale.
* This is a long established, award winning store, their customer service second to none!
- Don't miss this opportunity!