Supermarket- Large Coastal Town

This tightly held business has finally come to the market, held by the current family for many years, established since the early 70’s.

The business has generated an average $55,000 pw (PLUS) for the past 3 years in sales culminating in approximately $10 million in sales over this period.

Excellent profitability has been generated for the family annually with the R.O.I being approx. 50% in fiscal year 14, based on the asking price.

It is predominately a cash business servicing the local community. The dominant business is located in a small shopping complex, offers an excellent range of groceries, dairy lines and frozen products etc, reflecting in the level of sales & high customer retention.

The business is well known and well supported by the local community.

Owners work restricted hours in the business as it is well staffed.

An excellent family business offering very enjoyable levels of profitability.

Asking price is $635,000 PLUS STOCK estimated to be $140,000.

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