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Brisbane South Eastern Suburbs. Turnover $1.0M per annum (excluding GST). Net to 1 owner $95K per annum (approx.). Good lease plus a 5 years option plus a further 5 years option. Established during 1999. Good rent deal.
This business is essentially an independent supermarket, which belongs to the “SPAR Australia Limited” franchise group. This supermarket carries an extensive range of products, which broadly includes; fresh fruit and vegetables, processed meats & poultry, packaged 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 “SPAR” red logo with a green emblem design and signage. However, each SPAR store is different with a strong sense of independence. Each SPAR store has a weekly specials catalogue. The business is simple to run with the marketing group taking care of some of the marketing, new product development etc.
The premises are located in a high profile position at ground level, in an open air neighbourhood shopping complex. The store has 180 degrees exposure to the foot path and carpark. Some of the nearby businesses to the premises include: a child care centre, a dental clinic, a beauty salon, a hair dressing salon and a bakery.
The SPAR Australia Limited group now boasts approximately 300 supermarkets and food & convenience stores throughout Queensland, New South Wales, the Northern Territory and the Pacific Island areas. The franchisor is based at a 20,000 square metres distribution centre at Acacia Ridge. SPAR Australia has the support of SPAR International which is based in Amsterdam Netherlands. This is the coordinating office for all 44 SPAR countries. (NB the photo is a generic photo only & not a photo of the actual business). Great opportunity to get into the supermarket business!! Well sought after franchise group!!
Asking $169,000 + SAV.
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