supermarket business with limited competition

Description

Business type: supermarket, liquor store and cafe

Location: Corrigin, Western Australia

Perth distance: approximately 200 km

Local population: approximately 1,000

Nearest Coles or Woolworths: approximately 110 km away

Financial performance

Average weekly sales: approximately $45,000 including GST

Trading schedule: 5.5 days per week

Freehold sale

Sale price: $1,000,000

Includes: freehold building, supermarket, liquor store and cafe

Stock: approximately $250,000 additional

Business-only option

Business price: $300,000 plus stock

Lease term: 15 or 25 years

Annual rent: $60,000 including GST

Rent includes: building insurance, council rates and water rates

Premises

Supermarket display area: more than 500m²

Walk-in cool room: included

Walk-in freezer: included

Cafe area: approximately 200m²

Commercial kitchen: included

Coffee machine: included

Hospitality equipment: included

Cafe status: currently closed

Cafe setup: ready to operate

Upgrades

Capital expenditure over past 24 months: approximately $350,000

Air conditioning: new

Fridges and freezers: new

Solar power system: installed

Additional equipment upgrades: completed

Sale conditions

Buyer information: required with enquiry

Finance confirmation: required

Offers subject to finance: not accepted