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Successful Iga Supermarket And Residence In Ravenshoe For Sale

Ravenshoe, Queensland, Australia
Asking Price:
$1,745,000 (AUD)
Sales Revenue:
$2,800,000 (AUD)
Cash Flow:
Not applicable

This is a well located and extremely successful Supermarket. Business and Building are for sale, live upstairs and work downstairs. Ravenshoe is a thriving town experiencing ongoing financial growth from population growth, renewables and increased mining activity at Mt Garnett and Chillago.
The current new wind farm under construction at Kaban is one of four expected to operate in the area.
All chilled plant and display units are new and are aimed at efficiency and power reduction. The store has all supermarket operating departments including, grocery, variety, chiller and freezer with fresh butchery, deli, produce, and a small bakery.
Don't miss this opportunity a great business and residence in a wonderful Tablelands town.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

4x bedroom, 2x bathroom, 2x lounge

Location:

Town centre in main street between Pharmacy and Post Shop and Bendigo Bank. Central and side road parking.

Premises Details:

Land size 1100sqm. Building double storey with residence above, 4x bedroom 2x bathroom 2x lounge. Downstairs trading area 494sqm.
Cash office, general office,stock room. butchery, produce area, freezer and bakery. Large shed and main chiller. Garden and rest area.

Size in square feet:
1100sqm
Planning Consent:

n/a

Business Operation

Expansion Potential:

The large shed has significant available space for offices and work is already in progress to move offices to allow the trading area.

Competition / Market:

Cornetts Supermarket
Took over from Foodworks in 2016.
Our sales growth against the Cornetts has been consistent and significant

Reasons for selling:

Retirement

Trading hours:

Monday -Friday 6.00-19.30
Saturday- Sunday 7.00-19.30

Employees:
15
Years established:
Current owners 17yrs, previous owners 23yrs

Other Information

Support & training:

Complete

Inventory / Stock value:
$240,000 (AUD)

Contact Seller

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