supermarket business with limited competition

Description

Corrigin supermarket, liquor business and freehold for sale.LocationCorrigin 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 spaceSupermarket: 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 operationsBusiness performanceAverage weekly sales: $45,000 (including GST) with short operating hours of 5.5 days per week.Offer detailsSale price: $1,000,000Includes the freehold building, supermarket, liquor store and cafe.Stock: approximately $250,000 in addition to the sale price.Alternative optionBusiness only: $300,000 plus stockLease term: 15 or 25 yearsRent: $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 enquireEmail enquiries with your background and confirmation of financing. Only qualified buyers with finances in place will receive a response.