08 8361 3074

Independent supermarket with x-lotto

$295,000 + SAV ($170,000 approx.)

Business Description

This long-standing supermarket is located in a shopping centre conveniently positioned a short distance south of the Adelaide CBD. The shopping centre serves as a bustling hub for the community, housing a diverse array of businesses, and the supermarket has been an integral part of this centre for over 40 years.

Operating seven days a week, it caters to a broad range of shopping preferences, and offers an additional revenue stream serving as a lotto agent.

This inner southern suburbs supermarket has maintained strong and consistent sales over the years, thanks to its long-standing presence in the local community and its diverse product offerings.

Overall, this business presents an attractive opportunity for prospective buyers seeking to acquire a long-standing, community-oriented retail business with a history of strong sales and excellent location within a thriving shopping centre. Its diverse product offerings and lotto kiosk contribute to its ongoing success and growth potential.

Tony Iasiello 0412 217 608  |  Eunice Tan 0435 383 398

At a Glance

  • Operating for over 40 years
  • Includes lucrative x-lotto
  • Located within a thriving shopping centre
  • Lease to 2037
  • 21 casual staff

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $295,000
Stock at valuation (approx) $170,000
$465,000

Staff Summary

There are 21 casual staff employed by the business

Lease Summary

Current Rent $13,764.60 per month + GST
Lease Term 10 years
Lease Commencement 1st August 2017
Lease Expiration 31st July 2027
Right of Renewal 2 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually

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