Fully Renovated, Massive Iga Supermarket In West Of Brisbane

Fully renovated, massive IGA Supermarket in West of Brisbane - 1SELL LISTING NUMBER: 1AU0154

IGA Supermarket in the West of Brisbane (One and a half hour from Brisbane)

1SELL LISTING NUMBER: 1AU0154

Located in the regional suburb of the commercial hub.
A well-known, independent supermarket in the suburbs.
Encircled by strong and friendly community people.
Trusted by locals for over years and branded supermarket for sale in the regional suburb of Brisbane with no competition with a loyal customer base and proven turnover of over $385,000 per month, with a Massive GP of over 25%.
Revenue and Expenses: (Approximate values)

Rent: $24,731+ GST per month (Including outgoings).
Expenses: $724,500 per annum approximately.
Net adjusted Profit before taxes: Over Half a Million dollars per annum approximately under management (if the owner operates more than $580,000 approximately before taxes).
Key Features

Conveniently situated in a major part of Queensland suburb.
Offer a vast range of high-quality fruits, vegetables, fresh produce, and groceries from trusted suppliers nationwide, ensuring customer satisfaction.
Open seven days a week from 6 am to 8 pm.
Prime and busy location.
100 KW solar panels installed under the roof to reduce power bills.
Secure a stable future with a long lease till December 2038.
Over $4.6 million in annual sales.
At an asking price of $1,190,000 + SAV (stock at value), this opportunity promises a strong return on investment and future growth.
Cost to acquire:

Business: $1,190,000 + SAV
Estimated stock: $350,000 +/-10%
Rental bond: 3 months.
Stock Bond: $150,000 Approx.
Any legal fee.
Don't miss out on this extraordinary opportunity!

Please note that full sales reports can be provided to serious buyers only after undergoing a personal assessment by 1SELL.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.