Highly Profitable & Well Located Supermarket!
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New to the market is this highly profitable and long established IGA Supermarket exceptionally well located right in the centre of a large southside Canberra suburb.
Due to the impending retirement of the owners, the business is on the market to be sold!
The supermarket has certainly stood the test of time being in operation for over 30 years, with the current owners taking over 12 years ago.
The store has been fully renovated and extended with new fridges installed.
IGA supermarkets in Canberra have great protection from competition and tend to be more profitable because of strict planning and regulation, urban sprawl, high income population, and unique local buying habits. All the above make this a very safe investment.
The IGA supermarket chain is the largest and one of the most progressive and innovate food retailers in the world. They have a unique philosophy - the brand is built on a strong history of original ideas well applied right around the world. It has strong operational, marketing, and distribution systems.
This business would be suited to either an owner operator or investor.
The area is currently experiencing huge population growth due to residential redevelopment.
This is an opportunity not to be missed. Don't delay making an enquiry on this exceptional business TODAY!
Sale price is by negotiation + SAV
For more information about this opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email firstname.lastname@example.org