ABS Business Sales

Business Description

The FoodWorks brand now has over 370 supermarkets, food and convenience stores spanning over seven states. These stores are clearly visible by the fresh orange and green logo design and signage.

The past two years has seen the brand go from strength to strength, becoming Australia's largest, truly independent supermarket group supporting $2 billion in annual sales.

Today, FoodWorks prides itself on its fresh, contemporary approach to retail whilst still retaining a friendly, community-focused relationship with its customers.

Unlike any other supermarket brand in Australia, every store in FoodWorks is different and each have a strong sense of independence, which gives them full flexibility to tailor their store to their local community’s needs.

Located on a high traffic main road in a strong suburb, found in a strip shop including other strong tenants such as: Post Office, Newsagent & Chemist

Turning over minimum of $ 13,000 per week, with a solid net profit being shown

Excellent new signage and exposure is clearly visible from all directions

Owned and operated by a beautiful family. A very clean and stocked business, with a well-appointed kitchen/ delicatessen set up, offer selection of hot and cold foods, plus house made grab and go meals

Excellent supplier arrangements and agreements in place

Lease through to July 2020, with 5 year option. Rent is $ 6,800 per month + gst on 238 sqm internal area, with additional external storage at no charge.

With approx. $ 60,000 in stock.
The opportunity for the new owners to drive sales up to previous levels, as current owners have to return home due to family commitments.

Asking Price: $199,000 WIWO

To find out more information about this business for sale, please complete the confidentiality agreement quoting reference number: 9252

https://absbusinesssales.com.au/confidentiality-agreement

Broker: Mark Kitson| E: mark@absbrisbane.com| P: 0405 293 644

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