PRICE REDUCED Tropical Island Independent SupermarketListing: #SC00230
About this Business for sale in QueenslandPRICE REDUCED Tropical Island Independent Supermarket
Make a lifestyle change and move to a tropical Island where you can have the best of both worlds and have an excellent work/ life balance while reaping the rewards of owning an independent supermarket in a busy shopping complex.
This Independent Supermarket is situated in the heart of the community. With easy access to the mainland by ferry, this business services local island residents, day visitors and tourists.
• Annual turnover $4M plus
• Gross profit 31%
• State of the art POS system recently installed to facilitate ease of day to day operation
• Online ordering for delivery or pick up
• Delivery vehicle included in the sale
• Latest security systems in place
• Ample parking and easily accessible, close to the ferry terminal
• Established over 34 years
• Affordable Rent at less than 2.5% of turnover per annum
• Price reduced due to ill health. All reasonable offers considered.
A managed business that would ideally suit a family or couple to maximise profits and very easy to run.
Business asking price: $850,000 + SAV
Approx. stock value: $300,000
Our Reference: SC00230
+61 7 5479 6155
+61 451 074 099
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.