Business Sold BS149170 BS149170, Port Broughton, South Australia 5522
Business Category Fruit Shop Supermarket
SOLD
Description
Under Offer! Iga Located Yorke Peninsula Seaside Town – South Australia
Business ID: BS149170
Under Management T/O in excess of $5 million
Full service IGA grocery store with dry and wet goods, frozen products, fruit & veg, bakery lines, delicatessen, small goods, cooked chickens, fresh meat and tobacco lines to name a few. Also run with a fully computerised bar code scanning system through “Worldsmart” for stock control and reordering.
-Full interior renovation and replacement of Plant & Equipment has been completed
-The only supermarket in the town
-Centrally located amongst other essential town Facilities and services
-Progressive town with major redevelopments including 400 blocks in the “Fishing Village”, both Hotels and Local Council capital expenditure
-Long attractive lease available
-Off street parking and adjacent warehouse facility
-Suit owner operator or run under management
-Owners seeking retirement
Hands on assistance of four weeks from date of settlement is included as part of the sale if required.
This business is primed for young and energetic owners to take it to the next level and capitalise on the opportunities that lay ahead for business owners in this town. It would also suit the continuity of being run under management as is the current situation. This would allow a multiple store operator to have a foot hold in this fantastic location.
Asking Price: Goodwill, Plant and Equipment $1,400,000 plus SAV estimated $300,000
Property Code: 2616
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.