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IGA Plus Liquor Supermarket

$625,000 + SAV

  • ID Ref 5107
  • Suburb Newcastle
  • State NSW
  • Status For Sale
  • IGA Plus Liquor Supermarket

Business Description

Want to get excited? This is what we like about this investment:

• This IGA Plus Liquor business has this year added Lotto;
• Average weekly turnover $105,000 per week;
• The business is run under-management = investor or owner-operator opportunity;
• Secured by a long-term lease with options (over 20 years);
• Rent is approximately 5% of Turnover;
• Centrally located within a thriving, well-established residential area.

The business consistently operates within industry margins and benchmarks, has an exceptional community offering with grocery, liquor and lotto. The store is modern and includes a valuable list of assets.

This is a very rare business opportunity that suits many buyer types; from investors who can enjoy utilising the existing management team, or a new owner who wants to jump in and further improve productivity and labour costs which will increase the Net Profit position.

If you are interested in finding out more about this quality opportunity, please call 1300BROKER or email info@merchantbrokers.com.au. Alternatively, you can visit www.merchantbrokers.com.au.

Business Features / Snapshot

Your Business Broker

Shane Fox

Business Location

Newcastle, New South Wales 2300