New South Wales

IGA Supermarket Northern NSW

For Sale | $150,000

Convenience Store Supermarket

If you're looking for a great opportunity to step into a newly established business and take control of your own destiny then look no further than this amazing IGA store on the Northern Border of NSW just 15 minutes drive from the Gold Coast.

The business was only officially opened in Jan 2018 and is currently a corporate store and part of a large group of corporate stores all of which run under management. With a change in the corporate structure of the holding company this boutique store has now become available for private sale.

The store is only a small IGA, easy to manage with minimal overheads and only a few staff with current sales of $27,000 per week and growing each week.

With the business still in its infancy there are still many new items such as lotto (Committed and paid for, coming into this store in October 2018) which will have a large impact on the sales revenue. The business is also part of a newly created shopping centre which is currently near completion and due to have 100% occupancy by October 2018.

With a new 10 year lease in place with a further 5 year option the security of tenure is also excellent.

To ensure a quick sale this business has been priced less than opening costs ($220,000 fit-out + stock) for a total sales price of just $150,000 + stock (approx $80,000)

Make no mistake, this is a fantastic opportunity to get into a great IGA business with terrific upside for a fraction of the entry cost. Call Dru Morgan today for more information.

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Overview

This Convenience Store Business is one of 19 businesses for sale in Northern NSW, New South Wales, and one of 20 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 $150,000 and has been on market for less than 3 months.