60 Year History, Serving the Community of Parap
EXPRESSIONS OF INTEREST INVITED FOR SABINE SUPERMARKET, PARAP SUPERMARKET AND THE FREEHOLD OF 17 DOUGLAS STREET, PARAP. SOLD SEPARATELY OR OFFERED AS ONE PACKAGE.
Business Highlights:
With average weekly sales of $12,000 (2022/23) this supermarket is a profitable business opportunity. Please note - that the current business owners took over Douglas Street Supermarket on April 15, 2021 and have invested over $200,000 in upgrades during this time, therefore the income is not a reflection of the potential earnings.
The low rent of $460.00 per week ($2,000 per calendar month) including GST and secure lease to 30 June 2027 with a further five (5) year option (30 June 2032), make this an affordable & safe investment. Alternatively, the freehold is also available to purchase opening up some development opportunities on this corner allotment (zoned LR).
Open 7 Days currently trading 7am to 7pm 6 days a week and Sunday and Public Holidays 7.30am - 5pm, with potential to open to 10pm for liquor trading (excluding Sundays and Good Friday and Christmas Day) or open earlier for early morning trade.
Scope to further enhance with takeaway food with kitchen facilities on site, plus the potential to expand the shopping footprint, subject to discussions with current landlord - or, control your destiny if purchasing the freehold.
This Supermarket is fully equipped with all the necessary equipment with solar, front fence and new cold-rooms and freezer installed in the past two years.
Liquor Licence Number 80901579/FLL trading hours are subject to the conditions of the Grocery Store liquor licence granted on the 23rd August 1990, which can be viewed on the public register https://licensingnt.gov.au/PublicRegister/
Description
Welcome to an exceptional opportunity in the heart of the Northern Territory's commercial landscape the sale of not one but two thriving supermarket businesses and the associated freehold property at 17 Douglas Street, Parap.
Parap Supermarket, nestled at 17 Douglas Street, Parap. This unique offering extends beyond successful enterprises; it encompasses the acquisition of the freehold for the esteemed Parap Supermarket, situated in a prime location.
Parap Supermarket has long been a pillar of the Parap communities, catering to the diverse needs of residents and visitors alike. Boasting a strategic location Parap, the supermarket has undergone remodelling since 2021 after rebranding from Douglas Street Supermarket already demonstrating robust financial performance, a loyal customer base, and a commitment to quality service.
The sale also includes the option to buythe freehold or maintain current lease of 17 Douglas Street, Parap, providing a unique opportunity to own a 971sqm approximately prime piece of real estate in a high-demand area.
The Parap location is not only a testament to the supermarkets' success but also an investment in a thriving commercial hub. This offering promises prospective buyers not just established businesses but a strategic foothold in the Northern Territory's retail landscape.
Explore the potential for growth, community engagement, and financial success as you embark on this unique venture in the vibrant market of Parap.
Don't miss out on this incredible opportunity to own your own business and become your own boss.
Contact us today to learn more about this owner-operator supermarket business for sale!
A Confidentiality Agreement and Photo ID are required to discuss this business.
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This business is exclusively listed with Judy Truong of Darwin Property Group
Disclaimer: The information in this advertisement has been disclosed to Darwin Property Group by the vendor. Darwin Property Group cannot guarantee and are not liable for the information provided by the vendor. Darwin Property Group strongly advise that any prospective purchaser do their due diligence to verify the sales and financial performance of this business along with consulting with their professional advisors prior to committing to any purchase of the business.
