supermarket business with limited competition in Australia for 1000000

Asking price:

AUD $1 000 000

Owner

Owner's representative

Description

Corrigin supermarket, liquor business and freehold for sale. Location Corrigin is a country town with approximately 1,000 residents, located 200 km from Perth. The nearest Coles or Woolworths supermarket is 110 km away. Building and floor space Supermarket: over 500 sqm of display space, including a large walk-in cool room and freezer. Cafe: 200 sqm space with a commercial kitchen, coffee machine and hospitality equipment in good condition. The cafe is currently closed but ready to operate. Key investments and upgrades $350,000 capital expenditure over the past 24 months, including: * New air conditioning * New fridges and freezers * Solar power system * Various new equipment to modernise operations Business performance Average weekly sales: $45,000 (including GST) with short operating hours of 5.5 days per week. Offer details Sale price: $1,000,000 Includes the freehold building, supermarket, liquor store and cafe. Stock: approximately $250,000 in addition to the sale price. Alternative option Business only: $300,000 plus stock Lease term: 15 or 25 years Rent: $60,000 per year including GST (includes building insurance, council rates and water rates). Serious enquiries only. Potential buyers must provide basic information about themselves when enquiring. Offers subject to finance will not be accepted. How to enquire Email enquiries with your background and confirmation of financing. Only qualified buyers with finances in place will receive a response.

Details