Sold! Friendly Grocer Supermarket - Freehold – Lock, Sa

Business Sold BS151693 BS151693, Lock, South Australia 5633

Business Category Supermarket

SOLD

Description

Sold! Friendly Grocer Supermarket - Freehold – Lock, Sa

Business ID: BS151693 - Turnover Over $660k – No Competition – Be Quick To Grab This Bargain!

Currently operating – and offering a Net Profit of $90k a year – Lock Friendly Grocer is now available for a new tenant or purchaser.

With stacks of improvements recently made to the store, you have the choice of taking the lease – or the freehold!

- Turnover $660K with high margin

- No local competition – Closest supermarket is 70km away

- Established since 1925 – First as a Deli, then a Supermarket

- Customers locals, residents from surrounding towns, several service clubs, and local mining operations

- Premises 600 sqm with shop, Café & kitchen area, storage room and office

- New electrical work done with energy efficient LED lights

- New automatic entrance door + New advanced security system

- 30kW solar system + Forklift included

This supermarket has become the central meeting point for locals – with a new coffee area recently added.

Located 140km from Port Lincoln in a friendly farming community, the store is greatly valued by locals – and offers a new owner potential to grow the business and reap the rewards.

Friendly Grocer Supermarkets are one of Australia’s big success stories – and this is an unbeatable opportunity to buy in.

Price - $350,000 + STOCK

Property Code: 3059
Contact Seller
Coast to Coast Business Sales
  • Coast to Coast Business Sales

Bsale ID: 595579
Broker REF: xcllusive_49_547

Coast to Coast Business Sales