Western suburbs supermarket with x-lotto
$875,000 + SAV ($325,000 approx.)
Business Description
This business has been running successfully under management, making it an excellent turnkey investment for aspiring entrepreneurs or seasoned business owners.
Situated on a bustling main road, the supermarket enjoys a prime location with heavy foot traffic. The suburb is a well-established and densely populated residential area, ensuring a consistent flow of customers to the store. With a total floor area of 350m2, the supermarket provides ample space for displaying a wide variety of products and ensuring a comfortable shopping experience for customers.
This supermarket also includes a lucrative x-lotto which adds an additional stream of revenue to the already profitable supermarket business.
It has been running successfully under efficient management allowing for a seamless transition for new owners.
Tony Iasiello 0412 217 608 | Eunice Tan 0435 383 398
At a Glance
- Supermarket run fully under management
- Includes X-Lotto
- Prominent location on busy road
- Dedicated car parking
- 14 staff employed
Tony Iasiello 0412 217 608
Extended Price Information
| Goodwill including Plant & Equipment | $875,000 |
|---|---|
| Stock at valuation (approx) | $325,000 |
| $1,200,000 |
Financial Summary
| Year | Sales | Return to Investor | Return on Investment |
|---|---|---|---|
| 2022/2023 | (annualised) $5,194,878 | $420,196 | 35.02% |
Staff Summary
There are 14 staff employed by the business.Lease Summary
| Current Rent | $16,942.50 per month + GST |
|---|---|
| Lease Term | 10 years |
| Lease Commencement | 9th October 2022 |
| Lease Expiration | 8th October 2032 |
| Right of Renewal | 2 x 5 years |
| Adjustments | CPI Annually |
| Outgoings | Paid by Lessor |