This absolutely beautiful IGA supermarket is located just 3 hours south of Sydney in a beautiful coastal town.
Completely refurbished approximately 1000 sqm large profitable supermarket currently run under management with highly skilled staff in place.
Immaculate condition of plant & equipment with written down value over $ 900,000. Huge depreciation benefits for incoming buyer. Nothing to spend.
A huge sale from fresh departments & high GP, long lease with options and rental subsidy till 2041, what more could you want from this IGA Supermarket!?
- Completely refurbished good sized store, nothing to spend
- Run under management
- Highly skilled staff
- High GP – 25% ++
- Huge sale in fresh department
- Immaculate condition of Plant & Equipments – with written down value over $900,000
- High Depreciation benefits for the incoming owner
- Attractive Rental Subsidy in place
- Beautiful Coastal Town
Ø Weekly Average Sales- $88,832 Ex GST (2016)
Ø Store size- 1000sqm (approx)
Ø Long Lease in place until July 2021 with 4 x 5 year options
Ø Attractive rental subsidy in place until 2041
Ø Current Rent- 3% of Turnover
Ø Currently run under management
Ø Completely refurbished
Ø Good quality plant & equipments with nothing to spend
Ø Profitable business
If you are looking to buy an IGA Supermarket for sale in NSW – Look no more! This is great value!
This Business is for sale @ $750,000 + Stock
* Own Due Diligence required
To find out more about this exciting IGA Supermarket opportunity, and further details on this store,
please contact Ripple Parekh on 0435 525 458