METRO IGA SUPERMARKET

Description

Business type: supermarket

Location: north of the river, metropolitan Perth

Annual sales: approximately $6,000,000

Sale price: $1,000,000 plus stock at value

Estimated stock value: approximately $350,000

Business overview

Supermarket business recently offered to market.

Owner-operator model: suitable

Family operation: suitable

Customer base: loyal local repeat clientele

Premises

Internal presentation: recently upgraded

Customer parking: plentiful and located at the door

Lease

Lease term: 25 years

Monthly rent: $16,477 plus GST and outgoings

Trading hours

Monday to Friday: 7:00am to 8:00pm

Saturday and Sunday: 7:00am to 7:00pm

Trading days: seven days per week

Location

Shopping centre: small local centre

Complementary tenancies: in place

Large medical centre: located within the centre

Financials

Annual sales: approximately $6,000,000

Estimated stock value: approximately $350,000

Operations

Business model: simple

Owner-operator structure: suitable

Family operation: suitable

Sale

Price: $1,000,000 plus stock at value

Further information: available following completion of a confidentiality agreement

Information memorandum: available after confidentiality agreement is returned