$295,000 + SAV ($170,000 approx.)
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
Tony Iasiello 0412 217 608
Goodwill including Plant & Equipment | $295,000 |
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Stock at valuation (approx) | $170,000 |
$465,000 |
Current Rent | $13,764.60 per month + GST |
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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 |