Southside Brisbane Supermarket for sale
$399,000 Price Reduced!
27.56% Trade Component
AU$289,000 (Cash) | AU$110,000 (Trade)
Additional Information
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Southside Brisbane, QLD, Australia
Business is booming but vendor has another business that needs more attention.
Located only a 15-minute drive south of Brisbane CBD, this high-quality, well-presented store is for sale. A one-stop shop for locals and new-comers in the area, this Foodworks has a high-quality fresh fruit and vegetable department, a newly installed coffee shop, Golden Casket fit-out, full deli, 8 door cold-room and freezer.
This supermarket is located on a main road, in a popular shopping centre with many tenants that add to the bustling environment of the complex and make it a destination. Servicing thousands of locals in the immediate area and the closest major competition a 10 minute drive away, a customer base and source of constant revenue is guaranteed. Currently, the store is fully managed and is therefore the perfect fit for a potential owner/operator.
There is also a newly installed coffee shop with high quality Italian La Marzocco espresso machine and 2 grinders. The coffee fitout has proven to be extremely popular with the locals and provides the store with an impressive 70% GP margin. The coffee shop is an impressive opportunity for a new business owner and has the potential to grow, already having its own website, signage and online presence.
As part of a strong, national group this business is backed by dedicated corporate support and state-of-the-art distribution systems. Other benefits of group membership include competitive buying power and regular marketing campaigns that promote the powerful recognised brand.
Key Points:
- Central Brisbane suburb location
- 15 min from CBD
- No major competition for 10 minutes
- Main road location
- Main tenant in a busy shopping complex
- Well-presented store
- In-store coffee shop
- Golden Casket fitout
- Full size deli
- Full size cold-room and freezer
Price does not include stock, estimated value $100,000
Rental Information
$162,007 (AUD) per annum
Trading Hours: 6am-8pm, 7 days
Employees: 20
Years Established: 30
Additional Information
Business Snapshot
- $3 million plus sales/year
- Large 389m2 size
- GP margin is a healthy 25.5% excluding lotto sales
- Rent $13,501 per month excluding GST
Property Features
Not applicable
Property Information
Vendor Details
David Tincknell
Phone : 0438405047
Email : davidt@mtaccountants.com.au
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