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Posted by Statewide Business Brokers on 28/08/2018 in Business

Wheatbelt IGA Supermarket Business with News, Lottery & Cafe For Sale

$375,000 - +SAV


Description

This business features an IGA supermarket with a Newsagency, Lottery Agency, Bank West Agency and Cafe providing its loyal customers with all the essentials and acting as a 'one-stop-shop' for the Koorda/Wheatbelt area.

The business, originally established in 1976,  is very well merchandised and offers a great range of grocery lines, magazines, giftware, bakery, dairy and meat lines, books, lottery products and also cafe meals 7 days a week.

IGA Koorda was named 'Best Franchise' in the 2014 Central Wheatbelt Small Business Awards and was also a finalist in 2015.

The business employs reliable, experienced staff, is well supported by the local community and has a 4.5 star rating on Google with 12 favourable reviews.

There are growth opportunities available such as applying for a license to sell alcohol or increasing the stock range to sell other items including hardware.  The premises offers ample space with a 452m2retail area, 160m2office area and 60m2verandah on land area of 2,021m2.

The business has nothing to spend with both the interior and exterior having been repainted and a relatively young, well-maintained plant list.

Showing consistent annual sales of approx $2 million for each of the last 4 years, with healthy gross margins.

Only 2½ hours from the CBD this would suit a family wanting to run their own business and looking for a rural lifestyle not too far from the city.

The asking price is $375,000 plus stock and the Owners will consider Vendor Finance on 50% of the stock value payable at settlement with the balance paid 6 months after the settlement.

For more information or to receive a full business profile please contact Wayne Cooper on 0407 997 777 or 08 9586 3509 or email cooperw@swbb.com.au.

Food & Beverage Products and Hospitality Suppliers Statewide Business Brokers
Statewide Business Brokers
Contact Wayne Cooper
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $375,000 - +SAV

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