Industry:
Retail
Business Address:
North Albury, NSW, 2640, Australia
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Click on pics to enlarge.
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| AD
ID: |
B241000011 |
| Asking
Price: |
AUD$700,000
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| Rent: |
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| Detail
business type: |
Supermarket, Takeaway, Fuel, and Liquor Store |
| Business
Ph: |
0478 173 999 |
| After
hours ph: |
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| Name: |
Mr. Gary Evans |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
Norris Park IGA |
| Phone: |
0478 173 999 |
| Mobile: |
0478 173 999 |
| Fax: |
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| Email: |
mail@balranald.org |
| Website: |
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| Postal
Code: |
2640 |
| Country: |
Australia |
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Comments:
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Features |
SUPERMARKET TAKEAWAY FUEL AND LIQUOR STORE FOR SALE-DIVERSE RETAIL OPPORTUNITY
This supermarket is back on the market due to a previous buyer unable to purchase. This North Albury business offers a unique four-in-one business opportunity combining grocery, takeaway, fuel, and liquor sales.
Key Highlights:
* Location: North Albury, near senior living areas and middle-class housing
* Established: 18 years in current location, 11.5 years under current ownership
* Lease: $158,000 p.a. (Ex GST), 24 years remaining (5x5 term)
* Trading Hours: 7 days, 6:30am-7:30pm (earlier close on Sundays)
Staff: 1 full-time, 14 casuals (including juniors)
* Divisions: Supermarket, takeaway (with coffee), fuel, ice, and liquor store
* Owner Involvement: 5 hours in-store on registers, plus behind-the-scenes management (rosters and accounts)
* Training Offered: Two weeks, plus ongoing help when needed
* Business Model: Convenience-style, essential items, ample parking and easy access
This versatile business has consistently performed well, even during economic challenges, due to its strategic location and diverse offerings. The store provides essential items, food and milk, and convenience services to the local community.
Expansion opportunities include growing the catering side of the business, enhancing the fresh produce section of the supermarket, and exploring postal and lottery possibilities.
The current owner, who is selling due to retirement and a loss of enthusiasm after 11.5 years, will provide comprehensive training and ongoing support to ensure a smooth transition. They will continue to live nearby, offering assistance when needed.
This established business doesn't compete directly with larger companies and has maintained consistent performance even during the cost of living crisis. It presents an excellent opportunity for an energetic entrepreneur to take over a well-functioning operation with multiple revenue streams and growth potential.
Price $700,000 +SAV Leasehold.
For further details, please contact 0478 173 999.
Email: mail@balranald.org
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- Busy Traffic Area
- Excellent Location
- Good Turnover
- Huge Potential
- Stock At Value(SAV)
- Good Lease
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