New South Wales

IGA Supermarket Banora Point

For Sale | $450,000

Convenience Store Supermarket

This beautifully presented business is now for sale.

Sales would average $52,000 to $46,000 per week Summer to Winter. You truly feel when walking into this business it is connected to the local community, smiling faces plenty of banter, very clean and tidy.

This IGA is certainly the cornerstone of the community and the only supermarket in the centre, positioned in-between a Bottle shop & Bakery. There is a long lease in place current term to Feb 2021 + 3 x 5 year option periods, the current gross rent is inclusive of outgoings @ $10,659.61 including outs & GST.

This IGA trades 7 days per week, has 10 staff including 2 staff in management roles that can open, close and run the business when the owners are away. The owners work in the business, one doing 45 hours the other 33 on average. There are new residential estates opening close by that will increase sales.

This is a great opportunity for a new owner to secure this great business. Exclusively listed for $450,000 + Stock approximately $110,000 the owners have asked me to present all offers.

Full information memorandum available with 4 years of Tax figures on completing a confidentiality agreement here https://forms.gle/ZCjyZP5wP1HfjVbm9.

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Dru Morgan



Marketing By


Dru Morgan

Business Brokers Network

Overview

This Convenience Store Business is one of 8 businesses for sale in Northern NSW, New South Wales, and one of 16 Convenience Store Businesses in this region that a business for sale currently has on offer. This Convenience Store Business is for sale in Northern NSW for the asking price of $450,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..