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Compact Supermarket, Impressive Profits

Business for Sale
Compact Supermarket, Impressive Profits
Canberra ACT

----This Business is Under Offer----

Sold

Compact Supermarket, Impressive Profits

Stock Included: No
Stock Value:
Years Est:
Gross Revenue:
----This Business is Under Offer----

Prudently located at the centre of a close-knit and affluent community, this convenience driven supermarket generates earnings consistently above $200,000/year for the owner. The business has been so profitable that after 6 years the seller is looking forward to semi-retirement interstate.

The supermarket is the anchor tenant for a local shopping centre. Complementary tenants include a number of restaurants (all BYO), medical services and a hair dresser. There are also numerous schools, religious centres, and a childcare centre within walking distance of the store, ensuring convenience for a large number of customers.  

The store has been recently renovated, keeping customers engaged with a fresh and attractive look. The rent is modest for the size of the premises and a long lease is in place, securing the location many years into the future.

In brief:
  • Revenue for 2012-2013 approximately $1.6 million
  • Owner’s earnings above $200,000 per annum for the last three years
  • Major store renovations in the last three years
  • Rent 231 m2 for approx. $54,215/year (base rent)
  • Long lease in place (until 2022 if option exercised)
Asking Price $449,000
Stock approximately $100,000 to $120,000 
 
     
Genuinely convenient profits. More information available on request. Express your interest by using the ‘enquire’ form on this webpage or alternatively enquire via email to sales@capitalcommercial.com.au

Lead agent Frank Walmsley
0400 446 6050400 446 605   
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