Long – Established Supermarket grosses $1.97 million

This local Queanbeyan-based convenience supermarket boasts a turnover above $1.97 million for 2012-2013, with the owners profiting in the order of $180,000 from the business in the same year.

The business is perfectly situated in a residential area convenient for a large number of locals. Line items from the bottle shop and tobacco account for approximately 80% of gross sales from March to August 2014, reflecting a true convenience store with a focus on liquor.

Strong brands assist in presenting a public face trusted by the customers and in accessing discounted wholesale prices. A recent rebrand in 2013 included updating to fresh signage and fit-out, and has resulted in increasing customer traffic.

The business is available for purchase by the wider public for the first time ever in its almost half-century history because the current owners want to branch off into other opportunities.

In brief:
* Annual turnover in excess of $1.97 million for 2012-2013
* Owner’s earnings for 2012-2013 above $180,000
* The seller owns the building, so a long secure lease is available with minimum fuss
* Long established over several decades

Asking price $479,950
Stock approximately $180,000

A convenient investment opportunity! To find out more, please express your interest by using the ‘enquire’ form on this webpage or alternatively enquire via email to sales@capitalcommercial.com.au

Lead agent Frank Walmsley
0400446605

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