$1,700,000 + SAV ($400,000 approx.)
The supermarket is located in a busy area in a northern suburb of Adelaide, offering a comprehensive range of products and services. A key feature is its lotto kiosk, which attracts regular foot traffic and provides a steady stream of income.
Operated by an experienced management team, the supermarket is ideal for a hands-off investor. The team ensures smooth daily operations, allowing the owner to focus on growth and development.
With thirty-five staff members handling customer service, inventory management, and daily operations, the supermarket runs efficiently. It has demonstrated consistent financial performance, supported by diverse product offerings and a strategic location.
This is a robust investment opportunity for those looking to enter or expand in the supermarket industry. Its established customer base, diverse income streams, and professional management make it a turnkey operation with significant growth potential. The long-term lease and comprehensive staffing enhance its appeal as a stable and profitable venture.
Eunice Tan 0435 383 398
Goodwill including Plant & Equipment | $1,700,000 |
---|---|
Stock at valuation (approx) | $400,000 |
$2,100,000 |
Year | Sales | Return to Investor | Return on Investment |
---|---|---|---|
2021/2022 | $8,672,912 | $598,635 | 28.51% |
2022/2023 | $7,644,758 | $600,870 | 28.61% |
2023/2024 | $8,325,949 (annualised) | - | - |
Lease Term | 10 years |
---|---|
Lease Commencement | 15th October 2017 |
Lease Expiration | 14th October 2027 |
Right of Renewal | 1 x 5 years |
Outgoings | Paid by tenant |
Adjustments | CPI annually |