Northside Supermarket – small store BIG results

Queensland

Brisbane - Greater

$950,000 + Stock

Business overview

Stop looking for a great business because here it is.

This supermarket has been consistently returning the owners profits and results year in year out.

Currently the owner works part time and pays himself a great wage for the privilege.

This means a hands on owner operator would make even more profit than current owner.

At a round 250sqm The business is easy to run and with lotto installed and opportunity to grow the hot food market the business is able to continue to grow and be profitable.

Did I mention the rent….at only around 2% of turnover and the Gross profit at 26%+ this is business has all the makings of an excellent owner operator or family run business.

Reference Number: bus5513

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Business snapshot:

Profit: Adjusted Net profit – $300k +

Earning Type: EBITDA

Earning Type Value: n/a

Weekly turnover 22/23 - $55,000

Gross Profit of 26%

Consistently returns profit year on year

Opportunity to keep expanding range to grow business

The key details:

Owner works part time in the business

Well supported by the community

Lotto installed

Easy to run and well maintained business

A fulltime Owner operator can save around $100k in wages

Summary

This opportunity presents a fantastic chance for a motivated buyer to take over a successful and well-established business offering a comfortable lifestyle and substantial income.
The current owner and long-term staff have built up a strong reputation and will provide the incoming owner with support during the transition period. For more information, interested parties should contact David Zampech, Business Broker, Supermarket Specialist, Benchmark Business Sales and Valuations at M: 0422 671 375 or T: 1300 366 521.

Reference Number: bus5513