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      Food, Beverage & Hospitality business for sale in Sydney

      • Food, Beverage & Hospitality
      • Sydney NSW 2000
      • $490,000

      IGA Supermarket For Sale - South Coast

      IGA Supermarket For Sale - South Coast
      Absolutely beautiful supermarket located 3 hours south of Sydney located in a beautiful coastal town.

      Completely refurbished approximately 1000 sqm large profitable supermarket currently run under management. Highly skilled staff in place.

      Immaculate condition of plant & equipment with written down value over $ 800,000. Huge depreciation benefits for incoming buyer. Nothing to spend.

      Long Lease with options and rental subsidy till 2041!!

      Key Points:

      Completely refurbished good sized store, nothing to spend
      Run under management
      Highly skilled staff
      Immaculate condition of Plant & Equipments - with written down value over $800,000
      High Depreciation benefits for the incoming owner
      Attractive Rental Subsidy in place
      Beautiful Coastal Town

      Business Snapshot:

      Weekly Average Sales- $60,000 Ex GST (Approx)
      Store size- 1000sqm (approx)
      Long Lease in place until July 2021 with 4 x 5 year options
      Attractive rental subsidy in place until 2041
      Current Rent- 3% of Turnover
      Currently run under management
      Completely refurbished
      Good quality plant & equipments with nothing to spend
      Profitable business

      This Business is for sale $ 490,000 + Stock

      * Own Due Diligence required

      To find out more about this exciting opportunity, and further details on this store, please contact Ripple Parekh on 0435 525 458

      Business Highlights

      Business ID


      Last updated

      18 Dec 2017


      Food, Beverage & Hospitality, Franchise Resale, Retail, Grocery & Alcohol

      Map for Sydney NSW 2000

      104/20 Bermuda Place, Lake Orr Drive Varsity Lakes QLD 4227