ABS Business Sales

Business Description

The Friendly Grocer franchised Super Market located just 18 km from North West of Brisbane CBD.

This store is partly under management and owner is working only as part time.

The store has total 284 sq. mt area and plenty of space available in front for extra dining or extend the fruit and veggies section.

The business enjoys healthy growth margins resulting in a comfortable income for the owner.

This business can reap high profit with a Husband and Wife team or can be operated UNDER MANAGEMENT.

The owner is willing to train the buyer if requires. There are opportunity available for the new buyer to increase the sale, like adding hot food, expand veggies and fruit section, utilize outdoor exclusive area., etc

Key Highlights:

• Inner Suburb Supermarket near railway station and school
• Easy to Run
• Cheap Rent
• Weekly Sales Increased this QTR to around 23,500
• Trading 7 Days 6.30am-8pm
• Plenty of Parking
• 284 sq. mt area and plenty of storage space
• Reason for Sale- Owner retiring
• Asking price is only $295,000 + SAV (Approx. 100K)

Finance & Major Expenses For FY16-17:

• Sales= $1,136,066
• GP = 32%
• Rent (Incl Outgoing)= $85,975
• Electricity= $35,593
• Wages= $93,952
• Net Profit= $130,392

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 3568
https://absbusinesssales.com.au/confidentiality-agreement

Broker: Juby Antony| E: juby@absbrisbane.com | P: 0410 446 127

Head Office | P: 07 3368 4010| E: reception@absbrisbane.com