Lifestyle Supermarket 35 Years & Going Strong - Magnetic Island Qld

This business has not only survived the economic ups and downs over the past 35 years, it has thrived throughout the Covid-19 pandemic!
Increased sales, gross profit, and net profit showing continuity and strength in their customer base.

Magnetic island has taken on a new lease of life with residential growth, new business development, and increased tourist numbers!
This is a unique opportunity for a tropical lifestyle with solid income proven through the years.

Key features of this business:-
• Annual sales circa $4.2M.
• Gross profit 30.5% well above industry norm.
• Good lease terms, rent 3% of revenue.
• State of the art POS system recently installed to facilitate ease of day to day operation.
• New interactive web site with online shopping & delivery.

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• The latest security systems.
• Located for over 35 years in a fast growing shopping centre with huge customer draw lots of parking. In 2019 new businesses opened nearby attracting further
customers to the centre.
• Ideal business for a family or couple to maximise profits, easy to run, fully compliant. Great lifestyle operation.
• Long term, competent and reliable staff capable of managing the business while owners are away.
• All plant, equipment, and vehicles included in the sale.
• This is a long established, award winning store, their customer service second to none!
- Don't miss this opportunity!