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Southside Brisbane CBD Supermarket For Sale

Wishart, Queensland
Asking Price:
$569,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$3,000,000 (AUD)
Cash Flow:
Available on request

Located only a 15-minute drive south of Brisbane CBD, this high-quality, well-presented store is for sale. A one-stop shop for locals and new-comers in the area, this Foodworks has a high-quality fresh fruit and vegetable department, a newly installed coffee shop, Golden Casket fit-out, full deli, 8 door cold-room and freezer.

This supermarket is located on a main road, in a popular shopping centre with many tenants that add to the bustling environment of the complex and make it a destination. Servicing thousands of locals in the immediate area and the closest major competition a 10 minute drive away, a customer base and source of constant revenue is guaranteed. Currently, the store is fully managed and is therefore the perfect fit for a potential owner/operator.

There is also a newly installed coffee shop with high quality Italian La Marzocco espresso machine and 2 grinders. The coffee fitout has proven to be extremely popular with the locals and provides the store with an impressive 70% GP margin. The coffee shop is an impressive opportunity for a new business owner and has the potential to grow, already having its own website, signage and online presence.

As part of a strong, national group this business is backed by dedicated corporate support and state-of-the-art distribution systems. Other benefits of group membership include competitive buying power and regular marketing campaigns that promote the powerful recognised brand.

Key Points:
- Central Brisbane suburb location
- 15 min from CBD
- No major competition for 10 minutes
- Main road location
- Main tenant in a busy shopping complex
- Well-presented store
- In-store coffee shop
- Golden Casket fitout
- Full size deli
- Full size cold-room and freezer

Business Snapshot
- $3 million plus sales/year
- Large 389m2 size
- GP margin is a healthy 25.5% excluding lotto sales
- Rent $12 002/month excluding GST

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

5 Year Lease

Leasehold Rent:

$144,024 (AUD) per annum

Location:

15 mins from Brisbane CBD

Premises Details:

Busy main road location, primary lease holder within the centre

Size in square feet:
4,187

Business Operation

Expansion Potential:

The coffee shop is an impressive opportunity for a new business owner and has the potential to grow, already having its own website, signage and online presence.

Competition / Market:

Major competition 10 mins drive away

Reasons for selling:

Owner looking to retire

Trading hours:

6am-8pm, 7 Days

Employees:
20
Years established:
30

Other Information

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

Contact Information

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