08 8361 3074

Meadows Mini Mart

$215,000 + SAV ($60,000 approx.)

Business Description

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.

At a Glance

  • Trades 7 days per week
  • Yearly turnover in excess of one million dollars
  • 45 minutes south-east of Adelaide opposite the Meadows Hotel
  • Good long term lease in place, two working vendors
  • Excellent reviews and reputation

Paul Windle 0410 394 254

Extended Price Information

Goodwill including Plant & Equipment $215,000
Stock at valuation (approx) $60,000

Staff Summary

This business currently employs 8 casual & two part-time working owners.

Lease Summary

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

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