This award-winning supermarket store definitely punches above its weight both in sales and profit and is situated in the Bundaberg/Gladstone region. This business allows you to have lifestyle as well as substantial income opportunity.
Whilst there is a new development coming up the road this will be a bonus for the business as it currently over trades in the current format and it is expected to come back to its original sales forecast. At around 1,200sqm in a location that swells in numbers during the holidays
This Business has all the main tenants required to be the central hub of the town with the pharmacy and Post Office resigning their leases to assure that the centre remains the main retail location in town.
Whilst the owner works in the business it is more like on the business and The Staff have been well trained and can run the business with some involvement from owner. The seller is happy to stay on in the business if required as they are staying in the area to assist with a smooth transition and teach some of the tricks of the trade.
This business is perfect for a hands on active owner or family an can continue as is and enjoy the lifestyle of owning a money making machine and do something else.
Key Points:
Owner Operator
Motivated key staff already in place
Main retail hub in the Heart of the town
excellent location and great tenant mix in centre
Multi - Award Winning business
Business Snapshot:
Weekly turnover 21/22 - $400,000+ expected to drop to $250k in 12 months
Gross Profit of 27%
Adjusted Net profit $1.5mil + Expected approx $550k in 12 months.
Consistently returns profit year on year
Opportunity to keep expanding range to grow business
Rent 3% of turnover.
rarely a business like this comes on the market and is
priced to sell at $3,300,000 + Stock
To find out more about this exciting growth and lifestyle opportunity, and further details on the store, please contact
David Zampech
Business Broker
Supermarket Specialist
M: ---- --- --- T: ---- --- --- E: [email protected]
