General Description

This award winning express supermarket ticks all the boxes you require for a strong supermarket business:

• Excellent weekly turnover averaging $96,000.
• Well established with catchment base of 10,000 people.
• Gross Profit Averaging 21.8%.
• For 2012 owners profit over $300,000.
• Business still strong during the GFC
• Landlord has confirmed new strong lease to be provided to new owner.
• Equipment all well maintained and regularly serviced.
• Owner chooses to work by choice but not necessary as strong systems in place.

 Potential

Continue to tweak areas that will continue to increase your gross profits.

Currently run as an express supermarket, could easily change into supermarket and include deli and larger meat and fruit section.  With this comes better buying power.

Features

Award winning express supermarket for 2012.  Well established with current owner for 7 years.  Agreements with major suppliers to obtain good buying power, branding and specials.  1 large cool room.  Not a lot stored as all items put on shelves.  Majority of the business computerised.

Premises

400sqm total area including storage.  Large parking area.  Located on main road into suburb.  Very clean and presentable.

Location

Northside

Trading Hours

Open 7 days

Lease

3 years remains on the lease.

Landlord confirmed new owner will be provided with strong competitive lease and a market review will be undertaken.  For example 5 +5 or 10 + 10 will be offer and rent is expected to decrease because of market review.

Employee

1 Owner + 2 full time + 25 casuals

Financials

Weekly Turnover for 2012 $95,800

Weekly Turnover for July 12 to Jan 13 $99,000

Gross Profit averaging 21.8%

Rent per week $5,075

Owners profit for 2012 over $300,000

Price

$1,485,500 + SAV

Stock approx $400,000