IGA Supermarket For Sale – South Coast
Absolutely beautiful supermarket located 3 hours south of Sydney located in a beautiful coastal town.
Completely refurbished approximately 1000 sqm large profitable supermarket currently run under management. Highly skilled staff in place.
Immaculate condition of plant & equipment with written down value over $ 800,000. Huge depreciation benefits for incoming buyer. Nothing to spend.
Long Lease with options and rental subsidy till 2041!!
- Completely refurbished good sized store, nothing to spend
- Run under management
- Highly skilled staff
- Immaculate condition of Plant & Equipments – with written down value over $800,000
- High Depreciation benefits for the incoming owner
- Attractive Rental Subsidy in place
- Beautiful Coastal Town
- Weekly Average Sales- $60,000 Ex GST (Approx)
- Store size- 1000sqm (approx)
- Long Lease in place until July 2021 with 4 x 5 year options
- Attractive rental subsidy in place until 2041
- Current Rent- 3% of Turnover
- Currently run under management
- Completely refurbished
- Good quality plant & equipments with nothing to spend
- Profitable business
This Business is for sale @ $ 490,000 + Stock
* Own Due Diligence required
To find out more about this exciting opportunity, and further details on this store, please contact Ripple Parekh on 0435 525 458