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IGA Supermarket Northern NSW

$450,000

Tweed Heads, New South Wales

IGA Supermarket Northern NSW

This beautifully presented business is now for sale.

Sales would average $52,000 to $46,000 per week Summer to Winter.

You truly feel when walking into this business it is connected to the local community, smiling faces plenty of banter, very clean and tidy.

This IGA is certainly the cornerstone of the community and the only supermarket in the centre, positioned in-between a Bottle shop & Bakery.

There is a long lease in place current term to Feb 2021 + 3 x 5 year option periods, the current gross rent is inclusive of outgoings @ $10,659.61 including outs & GST.

This IGA trades 7 days per week, has 10 staff including 2 staff in management roles that can open, close and run the business when the owners are away.

The owners work in the business, one doing 45 hours the other 33 on average. There are new residential estates opening close by that will increase sales.

This is a great opportunity for a new owner to secure this great business. Exclusively listed for $450,000 + Stock approximately $110,000 the owners have asked me to present all offers.

Full information memorandum available with 4 years of Tax figures on completing a confidentiality agreement, email or call me today. Quality like this is hard to find don't delay.

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Last updated: 12th August 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Tweed Heads
State
 New South Wales
Price
$450,000
Category
  • Convenience Store
  • Supermarket

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Agency

Business Brokers Network

Business Brokers Network

Contact

Dru Morgan