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Retail

Retail store for sale, Regional New South Wales NSW

Retail storeRegional New South Wales, NSWUnder offer

Asking price
$1.79m

Plus stock

About the business

A large IGA supermarket on the NSW South Coast with over 1,500 square metres of space, including an integrated liquor outlet. Located in a growing area popular with retirees and domestic tourists, the supermarket is the anchor tenant in a small modern shopping centre. Surrounded by permanent residential communities with year-round holiday maker traffic and no immediate competition.

Average weekly sales are 263,000 dollars with annual revenue exceeding 13 million dollars. The business is semi-managed with average weekly wages of 28,000 dollars. Stock is valued at 800,000 dollars, and the long lease provides security. Monthly rent is 53,500 dollars. An established, profitable operation in a stable market.

What transfers with the sale

  • Stock at 800,000 dollars
  • Goodwill
  • Plant and equipment
  • Fixtures and fittings
  • Liquor license

Day to day

Premises
Leasehold, 1,554 m2, average monthly rent 53,500 dollars, long lease
Staff
Semi-managed staff team in place

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