Retail store for sale, Regional New South Wales NSW
- 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
AU