12 Million In Sales - Over 1 Million Profit In 2021!

Business Sold Perth WA Region, Western Australia

Business Category Supermarket

SOLD

Description

12 Million In Sales - Over 1 Million Profit In 2021!

Tangible Assets = 84% of the total price
COD = 95%

You won't find anything close to this low-risk opportunity in its location…. what are you waiting for !!

The buyers’ advantage with this business is that it has been presented with a maintainable net profit of $682,000 to determine the price; however: revenue and profits have grown in the 2021 financial year, with the adjustable net profit reaching in excess of 1 million dollars. In fact, over $400,000 more in profits!

Long established SUPERMARKET
15 hour- owner working week

No matter >>>>> What The State Of The Economy……PEOPLE MUST EAT!
Located in a major North West Tourist Township

These are the low-risk features you’ll love about this business…

• Full staff and long term management team in place – means no staff hassles
• Easy documented procedures – makes it easy to learn and run
• Location in a growing tourist mecca – why buy metro when you can live in one of the best holiday destinations.
• COD sales approximately 95% – virtually wiping out the need for working capital
• Rare LONG Lease secures your future – your investment is protected!
• Low goodwill component of only $312,000
• Essential products = low risk

A low goodwill component and high tangible assets equating to 84% of the asking price should provide even further comfort to a new owner.
Holiday every day ....And if it couldn’t get any better, owning this business means you’ll get to live the stunning North West lifestyle that most people experience for only a few weeks of the year, EVERY SINGLE DAY!!!

IT’S A STRONG BUSINESS
This robust business has been established for 60+ years and has not only survived but thrived in the worst recessions experienced in WA.
This means you are buying a low-risk business.

You are probably reading this advertisement because you’ve already heard the independent supermarket industry is as safe as it gets.
Even better, owning a supermarket in Regional WA, where population numbers are on the increase, makes it easy to predict future sales growth. The systematized nature of the industry and the ability to build wealth relatively quickly is a very enticing feature - right?...
…Plus, as most store owners will tell you, ‘people need to eat’

Food is a necessity of life and owning a business that focuses on selling essential everyday products provides a level of comfort that’s not afforded to most other businesses. It’s that environment that has ensured this business has had the fundamental strength to withstand economic downturns with less impact than other businesses.

STRONG - FINANCIAL–ESSENTIAL -These are three “ wants:” on every buyer's list but are rarely found.

Even better, most people would consider Shelter, Clean drinking water, Electricity & Food absolutely essential no matter what the state of the economy –
Two of those necessities are the sole preserve of state-owned monopolies, and even rental properties often stand empty, sometimes for long periods.

So, a buyer looking for rock-solid security coupled with the potential for growth has only one option…
…SELLING ESSENTIAL FOOD PRODUCTS, supplemented by higher-margin specialty lines which keep pace
with market trends.

And that’s exactly what this high profit, low-risk supermarket offers the new Buyer.

In fact, most people would see this as a virtual LICENCE TO PRINT MONEY working and living in one of the most beautiful regions where people pay to come a few weeks of the year, where you could live all year round.
AND BECAUSE THIS TOP SHELF BUSINESS has been established for over six decades, it’s no wonder customer loyalty self-propels - sales without a large advertising budget. Better yet, one that’s situated in a strongly developing North-west town, meaning its customer base will potentially steadily increase through population growth and tourism.

GENUINE REASON FOR SALE
With so many features not found in most other businesses, you’ll be no doubt be wondering why anyone would sell a cash-cow business like this.
Well, the owners are in their 80s- and it's time to retire!

IT DOESN’T GET BETTER THAN THIS…
…A RARE COMBINATION OF LIFESTYLE AND PROFIT

Located in a gorgeous regional area, this business is the one you have been waiting for.
It has carved out a unique niche as is known by locals and visitors for its great diversity of products, of which many are not found in the major supermarkets. The choice of products stocked are of high quality, demanded and desired by its customer base over its decades of establishment.

And don’t forget, cash-paying customers means…
1. a) ALL SALES ARE IMMEDIATE
2. b) NO CASH FLOW PROBLEMS
3. c) NO HIGH WORKING CAPITAL PROBLEMS
THIS IS A BUSINESS YOU'LL KEEP FOREVER…
… BUT YOU NEED TO ACT NOW TO SECURE IT!!!

Please note: the sale of this business is highly confidential, and as a result – no phone information will be handed out. All buyers must sign a confidentiality agreement prior to receiving the business report.
Please register your interest now by clicking on the “email me” link at the top right-hand corner of the screen.
Contact Seller
Graham Nankivell

Bsale ID: 557191
Broker REF: TB12193TB

Performance Business Sales Pty Ltd