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Food, Beverage & Hospitality business for sale in Ouse

  • Food, Beverage & Hospitality
  • 6941 Lyell Highway Ouse TAS 7140
  • Offers over $1.1m

Regional Supermarket - lifestyle business opportunity on tourist route Branded IGA Store Highly profitable Freehold - Home & Business

The store is a member of the branded IGA Express chain.

It is approximately 1 hour's leisurely drive from Hobart.

The sale comprises freehold of the entire premises, which comprises a large supermarket, with several large storerooms, and also a 2 storey 4 bedroom house at the rear.

*The main building is brick veneer
*There is also a large 3 bay wooden shed for storing personal items.
*Earning in excess of 300k plus per annum
*Sale Price includes all plant & equipment plus SAV
*Turnover approx. 1.6M per annum
*Representing an attractive 25% return on freehold property.

Long established regional supermarket, with current owners operating this superb family business for over 18 years.

The only supermarket in the surrounding community area enjoying loyal customer patronage as well as passing tourist & visitor traffic on main highway/tourist route.

The premises and equipment have been substantially refurbished and upgraded in recent years with a new floor and modern presentation. Includes major onsite, fully automated power generator (Agrison120KVA at a cost of $16,000) for 'peace of mind' in the event of power failures.

Easily operated by working couple or family plus casual help.

Consistent high turnover and profit over many years with substantial demonstrated growth in recent years.

Freehold businesses like this are rarely available for sale. There is also an option to purchase the adjoining large block of land by negotiation.

Modern 4-bedroom upstairs residence included in the sale freehold.

Full training & operational manuals available to new owner (s)

Owner will receive income from Ouse Post Office tenant. On a secure new 5 year lease with further options.

Ideal sole operator, family or partnership venture

This business comes highly recommended by Devine Property as a superb regional freehold business opportunity and we welcome your inquiries.

Business Highlights

Business ID2015172203
Floor Area599m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  16 Apr 2019
Map for 6941 Lyell Highway Ouse TAS 7140
Devine Property
119 Harrington Street Hobart TAS 7000

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