This well-known supermarket with immaculate presentation is located in a prime, high-traffic shopping complex, surrounded by complementary businesses that generate a consistent flow of customers.
The business is fully managed and achieves a robust weekly turnover exceeding $100,000 (including GST), supported by strong gross profit margins. It is equipped with modern and high-value plant and fittings valued at approximately $927,000 (providing significant tax benefits)
There is substantial potential for growth, including the option to convert into a branded supermarket to boost visibility and customer trust. Other expansion opportunities include developing an online sales channel, diversifying product lines, and introducing wine and beer sales (subject to approvals).
Additionally, with a retail space of over 2,000 sqm, there is capacity to create separate smaller tenancies that could be subleased or repurposed for complementary businesses such as a mobile repair shop, takeaway food outlet, or specialty gift store.
This is a rare opportunity to acquire a growing supermarket with excellent infrastructure and multiple pathways for future growth. Ideal for an ambitious owner-operator or family business.
Price: $990,000 + Stock ($400,000)
Contact Suresh - 021 504 226.
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