[abs-100] Confidential Convenience Retail Opportunity

Northgate, South Australia 5085

WALK-IN, WALK-OUT - $110,000

Key Features

AI generated. Contact seller to confirm.

  • Approximately 112 sqm retail premises in established Adelaide shopping centre
  • Existing shop fit-out, fixtures, fittings, plant and equipment
  • Retail shelving, display infrastructure and refrigeration equipment
  • Existing liquor licence subject to transfer and regulatory approval
  • Opportunity to establish a new retail brand and concept
  • Walk-in, walk-out acquisition of physical retail assets
  • Rent/Lease: Base rent: $61,903.01 per annum; current lease: 2 years + 1 year renewal; lease commencement: 1 June 2025
  • Stock Value: Included

Business Details

Business Category Supermarket

An excellent opportunity is available to acquire the existing retail fit-out and operating infrastructure of a convenience retail premises in a well-established Adelaide shopping centre.

The opportunity is offered on a walk-in, walk-out basis for $110,000, providing an affordable entry point for an owner-operator, family business, experienced retailer or entrepreneur wishing to establish their own retail brand. The existing business name and goodwill are expressly excluded from the sale. The premises comprise approximately 112 sqm, with a current base rent of $61,903.01 per annum and a $11,125 bank guarantee. An existing liquor licence, is associated with the operation, subject to licence conditions and all applicable transfer and regulatory requirements. The exact location and business identity will be disclosed only to qualified buyers following a confidential enquiry.

KEY FEATURES:
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• Asking Price: $110,000 W.I.W.O.
• Premises: Approx. 112 sqm
• Location: Established Adelaide Shopping Centre
• Base Rent: $61,903.01 p.a.
• Bank Guarantee: $11,125
• Lease Commencement: 1 June 2025
• Current Lease: 2 years + 1 year renewal

THE OPPORTUNITY:
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This is an ideal opportunity for a buyer who wants to acquire an existing retail premises and fit-out without paying for established goodwill or a business brand. The purchaser can potentially establish a new business name, brand and retail concept, subject to the lease, permitted use and relevant approvals.
Potentially suitable for:
• Convenience or grocery retailer
• Family-operated business
• Experienced owner-operator
• Existing retailer seeking another location
• Entrepreneur establishing a new retail concept
• Operator seeking a liquor-licensing opportunity

SALE INCLUSIONS
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Subject to the final sale agreement, the walk-in, walk-out sale may include:
• Existing shop fit-out
• Fixtures and fittings
• Plant and equipment
• Retail shelving and display infrastructure
• Refrigeration and associated equipment
• Other agreed physical business assets
• Stock, subject to the agreed W.I.W.O. arrangement

A final asset and equipment schedule will be provided during due diligence.

EXCLUDED FROM SALE:
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The following are specifically NOT included:
• Existing business name
• Goodwill
• Vendor's branding and intellectual property
• Vendor's company/business entity
• Historical liabilities and obligations

The purchaser will be acquiring the physical retail opportunity and agreed assets, rather than the existing brand or goodwill.

LIQUOR LICENCE:
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The liquor licence is an additional feature of the opportunity. Any transfer, continuation or use of the licence is subject to the applicable legislation, licence conditions and approval of the relevant authority. Buyers should undertake their own independent licensing due diligence.

For further information, contact:

James Zheng
Director | Delta Business Brokers - Adelaide CBD

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Disclaimer: This business is exclusively listed with Delta Business Brokers-Adelaide CBD. We have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

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