Located only a 7-minute drive Penrith CBD, in a projected growth region.
This IGA Supermarket is currently run under management with the owner having minimal involvement in the day to day operations, as the current owners are not able to devote time and efforts required to run this business. There is an opportunity for an incoming hands-on operator to take the business to next level.
This recently refurbished, profitable, well-presented IGA Supermarket store is situated in a shopping centre with ample car parking space.
- Well-presented, low maintenance store.
- Well trained staff in place
- Nearby Competition already established
- Ample Car parking available
- Attractive rental subsidy in place till May 2024
Ø Weekly Average Sales- $63,647 Ex GST (2015/2016)
Ø Store size- 1000sqm (approx.)
Ø Long Lease in place until May 2024 with 3 x 5 year options
Ø Attractive rental subsidy in place until 2024
Ø Current Rent- 3% of Turnover or $ 107,933
Ø Currently run under management
Ø Recently Refurbished
Ø Good quality plant & equipment with nothing to spend
Ø Profitable business
This IGA Supermarket Business is for sale at $ 775,000 + 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