Business For Sale Nugara, Tasmania 7256
Business Category Supermarket
Foodworks Retail Supermarket For Sale Massive Turnover Of 5 Million Busy King Island Location Only $250,000 (partial Sale Of 20%)
Fantastic opportunity for an ambitious entrepreneur in an ideal part of the world! You can acquire a part of the thriving King Island FoodWorks supermarket through the business' partial sale (20%). This once in a lifetime opportunity allows you to become the Store Manager and enjoy the perfect sea-change in a stunning location. With a staggering turnover of $5 million, the business has been consistently growing and has established an enviable position in Currie's busy region. The well-established and rewarding opportunity comes with full training making it the best bet for budding entrepreneurs.
King Island FoodWorks is located at Currie on the idyllic King Island, north-west of Tasmania. This well-regarded retail enterprise enjoys a solid reputation as a provider of high-quality products and services, including a number of world-renowned King Island brands. It is one of the two retail supermarkets in Currie, the Island’s main population centre.
The supermarket is equipped with contemporary retailing technology and has long-standing and experienced employees. Trading successfully for 35 years, the business has increased its turnover from $4.6M in 2015 to over $5M in 2020. With 300m2 of selling space, the King Island store is well respected and has reliable supply lines.
The FoodWorks buying group is a part of the Australian United Retailers Limited, which operates almost 800 independent retail supermarkets throughout Australia. The supermarket's current shareholders are offering in the vicinity of a 20% share in the ownership of the business and the stock.
Features of the Business:
Long-established retail Foodworks supermarket in Currie, King Island
Highly regarded in the region with a turnover of $5 million in 2020
Benefits of contemporary retailing technology and experienced staff
Consistently profitable with opportunities for growth
Buyer to purchase 20% share in the ownership of the business and the stock
Opportunity to become the store manager and enjoy a steady income
Full training to be provided for six months for a smooth handover
This is a high performing business that offers an excellent opportunity to live and earn in the charming King Island. With a solid reputation, successful track record and proven systems in place, it is the most rewarding way to realise your entrepreneurial dreams.
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