Established and Profitable Foodworks Store for Sale in Quilpie, Western Queensland - A Fantastic Lifestyle and Income Opportunity
This is a listing for a well-established and profitable Foodworks store located in Quilpie, Western Queensland. The store has been family-owned for over 40 years and has built up a strong local customer base, as well as serving customers in remote areas who rely on the business to process their country orders and supply their homesteads with necessities.
The store boasts a weekly turnover of $50,000 for the 2021/22 financial year, with a gross profit margin of 25%. The adjusted net profit is over $250,000, and the business consistently returns profit year on year. The opportunity to expand the product range is available to further grow the business, and there is a large storage area that provides room for growth.
The business has an area of approximately 300 square meters for trading, and a modern 3-bedroom home located right next to the store is available for the incoming owner. The business is currently only trading 5.5 days a week, providing a comfortable lifestyle for the owner while still offering a substantial income opportunity.
The freehold, which includes the buildings and modern 3-bedroom home, is available for sale separately for $700,000.
The asking price for the business is $490,000 + stock, and a new lease will be available if the business is sold separately, with an annual rental fee of $90,000, which includes the house.
Key Points:
Owner-operator
Long-term staff in place
Country lifestyle
Flights back to Brisbane on regular basis
Service the community and surrounding towns
Business Snapshot:
Weekly turnover 21/22 - $50,000
Gross Profit of 25%
Adjusted Net profit – $250k+
Consistently returns profit year on year
Opportunity to keep expanding range to grow business
New Lease if business sold separately - $90,000/ year includes house.
This opportunity presents a fantastic chance for a motivated buyer to take over a successful and well-established business in a peaceful country town, offering a comfortable lifestyle and substantial income.
The current owner and long-term staff have built up a strong reputation and will provide the incoming owner with support during the transition period.
For more information, interested parties should contact David Zampech, Business Broker, Supermarket Specialist, Benchmark Business Sales and Valuations at M: 0422 671 375 or T: 1300 366 521.
David Zampech
Business Broker
Supermarket Specialist
Benchmark Business Sales and Valuations
M: 0422 671 375
T: 1300 366 521
If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus4835 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
Business Categories: Food and Hospitality, Supermarket, Convenience, Grocery and Liquor Stores