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Home Business For Sale Mt Isa FoodWorks Supermarket for Sale Far North Queensland

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Reference Number: bus5307

2 days ago

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Mt Isa FoodWorks Supermarket for Sale Far North Queensland

Listing Price: $1,695,000 + SAV

Queensland

Regional Queensland

Mathew Hartley See all ads

+610400 412 593

Business Overview

This FoodWorks supermarket for sale in regional Queensland might be small. But it punches well above its weight.

Each square metre of the store generates $52,000 in revenue. Every year. That’s well above the industry average.

Business Snapshot:

Revenue: $5 million

ROI: 40% p/a

Earning Type: EBITDA

Annual revenue of $5 million

Rent less than 3% of revenue

Return on Investment of 40%

Adjusted Net profit 2023 financials over $650,000

The Key Details:

Very healthy net profit

Store size of 100 m² Storeroom approximately 200m2

No immediate competition

Major supermarkets are established

Huge storage area

Long lease, including options, available

Plenty of customer parking

Summary

This is the ideal owner/operator opportunity. The vendor works just 20 hours a week and profits handsomely. A working couple could reduce the payroll and net even more.

And here’s another surprise; there’s a house and pool next door available to rent. How convenient is that?

Find out more. Click on the Confidentiality Deed icon and complete your contact details. The exclusive broker will be in touch to provide the details on this surprising FoodWorks supermarket.

FOR SALE: $1,695,000 + SAV

Contact the exclusive broker:

Mathew Hartley
Supermarket Specialist
Benchmark Business Sales & Valuations
M: 0400 412 593
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5307 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.

Benchmark Business Sales and Valuations

Mathew Hartley See all ads

+610400 412 593

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