For Sale $550,000
David Zampech

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Benchmark Business & Commercial
Bermuda St,
Varsity Lakes, QLD 4227

Food/Hospitality for sale

QLD

For Sale $550,000

Business Details

AMAZING OPPORTUNITY – Spar Supermarket

Spar Supermarket with double digit growth and lifestyle….

This Spar supermarket has had a major lotto upgrade completed in the last 9 months and since then, the sales have continued to grow. In 2015/16 the sales averaged at approximately $63,000/week. Since completing the lotto and newsagency upgrade the sales have been skyrocketing! Since Christmas 2016, sales have averaged approximately $75,000 ex GST a week and the best part of this is, there is still more opportunities to grow.

The freehold is in the process of changing hands and the business now has to go. This presents the perfect opportunity for a smart hands on retailer who can now take it to the next level.

Recently the local government approved a $60,000,000 development 1km from the store which will be a massive RV/Cabin style development. With the tradies and also the influx of visitors in, presents an opportunity to drive sales even higher.

The store is run under partial management as the owner works approx 25 hours a week, so the staff are well trained and can run the store in your absence. With no major supermarket for approximately 30km in any direction and only 3½ hours from Brisbane, this is one of the deals of the year.

Business Snapshot:
·         Sales last 12 weeks – $75,000 ex GST
·         Supermarket with Lotto and Newsagency
·         Rent – $125,000 a year – $250/sqm
·         Healthy GP of 24%
·         500 sqm
·         Major development starting soon

This Spar Supermarket business is well presented and in excellent condition. At only 8 times turnover, this business will not last long at the listed price.

Sale price $550,000 +SAV

Please contact me for more information

David Zampech – Supermarket Specialist
Mobile: Click to call
Office: 1300 366 521
Email – Click to email
www.benchmarkbusiness.com.au

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Convenience Store
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Benchmark Business & Commercial
Bermuda St,
Varsity Lakes, QLD 4227

Phone: 1300 366 521
Fax: 07 5562 2744

David Zampech
Phone: 1300 366 521
Mobile: 0422 671 375

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