$215,000 + SAV ($60,000 approx.)
Servicing the growing Adelaide Hills community of Meadows for over 15 years, the business is ideally positioned on the busy main street. The shop is popular with locals, early morning tradies and traffic visiting the Fleurieu Peninsula and Hills regions.
Meadows Mini Mart trades 7 days per week from the early morning until 7pm at night. The business has become well known for their reliable services and products and offer a variety of convenient lines such as quality take away sandwiches & rolls, drinks, ice creams, newsagency items, cigarettes, toys, cards, meat & groceries.
Currently the business operates under two working owners along with 8 casual staff who are all well experienced. With a great reputation in place, along with an established shop front and long lease, the business is ripe and ready for a purchaser to come in and take charge.
Paul Windle 0410 394 254
|Goodwill including Plant & Equipment||$215,000|
|Stock at valuation (approx)||$60,000|
|Current Rent||$2,668.49 per month + GST|
|Lease Term||5 years|
|Lease Commencement||7th January 2021|
|Lease Expiration||6th January 2026|
|Right of Renewal||3 x 5 years|
|Outgoings||40% paid by tenant (60% paid by landlord)|
|Adjustments||CPI annually and to market at renewal|