For Sale
Reference Number: bus5220
3 days ago
145 Views

Fully Managed Far west Regional Supermarket

Listing Price: $1,750,000 + Stock
Queensland
Regional Queensland

Located in in far regional QLD within 2 hours flight from Brisbane exists a great opportunity for the owner operator or Fully Managed as it is currently.

This business has been the mainstay of the community which has seen Woolworths come and go but the Foodworks has been rock solid. With the business being on the main street in the town people see this as the go to business even with IGA in town.

With the installation of the new $200,000 electronic ticketing system the incoming owner can look to save approx. $60,000 a year in wages through better productivity and printing expenses.

This business has a great tenancy mix.

This business is awaiting the next up and coming retailer ready to take it to the next level or continue to profit as is from the current owners hard work.

Business Snapshot:

Profit: $600k Approx
Earning Type: EBITDA
Weekly turnover 22/23 - $200,000+
Gross Profit of 23.0%
Adjusted Net profit – $600k Approx
Rent $28,000/month + GST

The Key Details:

Run under full management
Motivated key staff already in place
Exposure on main road out of town
Excellent location
Rent @ 3% of turnover
Consistently returns profit year on year
Opportunity to keep expanding range to grow business

Summary

FOR SALE: $1,750,000 + Stock

Contact the exclusive broker:

David Zampech
Benchmark Business Sales & Valuations
M: 0422 671 375
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: bus5220 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

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