Long-established Coastal Supermarket & Newsagency

New South Wales

$685,000 + SAV

Key Features

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  • Coastal supermarket, convenience store and newsagency
  • Serves locals and strong tourist market year-round
  • Sunrise buying group membership
  • Four-door cool room and comprehensive equipment
  • Upstairs two-bedroom unit generates ~$23,400 + GST p.a.
  • Well-presented premises with three shopping aisles
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: Further 5 + 5-year lease option available
  • Stock Value: Not disclosed
  • Established: Approximately 55 years

Business Details

Business Category Newsagency Supermarket

Blueys Beach, MidCoast NSW

An excellent opportunity to acquire a long-established supermarket, convenience store and newsagency in the popular coastal destination of Blueys Beach.

Operating for approximately 55 years, the business services both the permanent local community and the strong tourist market attracted to the area throughout the year. It offers a broad range of groceries, fresh produce, meat, dairy products, frozen foods, drinks, newspapers, magazines, stationery, fishing gear, tobacco products, lottery services and everyday household essentials.

Business Highlights

Established for approximately 55 years
Current owners since October 2018
Essential retail business servicing locals and tourists
Strong Christmas, summer holiday and weekend trade
Loyal local customers and returning holidaymakers
Sunrise buying group membership
Extensive range of grocery and convenience products
Newsagency and lottery services
Well-presented retail premises with three shopping aisles
Four-door cool room and comprehensive plant and equipment
Office, kitchen, staff amenities and downstairs storage
Three casual employees
Seven-day trading
Further 5 + 5-year lease option available

Additional Rental Income

The lease also includes an upstairs two-bedroom unit currently occupied by a Pilates studio. This generates approximately $23,400 plus GST per annum in additional rental income, with the tenant also contributing 25% of the council rates.

Growing Coastal Community

Blueys Beach and its surrounding communities continue to experience residential development. The nearby Adenbrook estate is releasing approximately 70 premium residential blocks, bringing builders, tradespeople and contractors into the area.

The Ingenia Lifestyle Kokomo over-55s community is also expected to comprise approximately 133 homes when completed, increasing the permanent population and demand for convenient local shopping.

This is an opportunity to acquire an established and well-equipped coastal retail business with multiple income streams, a recognised community presence and further potential as the surrounding area develops.

Price: $685,000 + SAV

ABM ID#: 6499

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This business is somewhat unique and has no similar competition in this region, category or price bracket.

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Bsale ID: 685386

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