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IGA Plus Liquor Supermarket

$625,000 + SAV

Newcastle, New South Wales

IGA Plus Liquor Supermarket

Want to get excited? This is what we like about this investment:

• This IGA Plus Liquor business has this year added Lotto;
• Average weekly turnover $105,000 per week;
• The business is run under-management = investor or owner-operator opportunity;
• Secured by a long-term lease with options (over 20 years);
• Rent is approximately 5% of Turnover;
• Centrally located within a thriving, well-established residential area.

The business consistently operates within industry margins and benchmarks, has an exceptional community offering with grocery, liquor and lotto. The store is modern and includes a valuable list of assets.

This is a very rare business opportunity that suits many buyer types; from investors who can enjoy utilising the existing management team, or a new owner who wants to jump in and further improve productivity and labour costs which will increase the Net Profit position.

If you are interested in finding out more about this quality opportunity, please call 1300BROKER or email info@merchantbrokers.com.au. Alternatively, you can visit www.merchantbrokers.com.au.

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Last updated: 14th August 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Newcastle
State
 New South Wales
Price
$625,000 + SAV
Category
  • Alcohol/Liquor
  • Newsagency/Tatts
  • Supermarket

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Agency

Business Brokers Network

Business Brokers Network

Contact

Shane Fox