Bonython Express Supermarket
Have you been looking for an entry level supermarket opportunity ? Are you looking for a store that is under-performing and which you can grow?
What to deal with a motivated seller who's prepared to finance the stock and get a deal done ?
Located in Bonython Canberra, this supermarket is ready for a new owner and new growth.
According to census quick stats (2016), the demographics for Bonython are impressive and should motivate you to inquire!
3786 people live in the suburb, there are approx 1547 dwellings, and the weekly household income is $1967. Planning rules do not allow another centre; there is only one set of local shops.
So the obvious question why the business isn't performing better and what to do about it! We believe the simple reason it isn't reaching its potential is the “owner”. He currently works fulltime as a Health professional and runs the business under-management with staff.
The shop isn't massive, but the opportunity is !! The fit out is owned outright, and a shop inspection will confirm nothing needs to be spent and no further investment required for the medium term.
If you have experience in food-retail, then you will appreciate the need to do a major stock relay and improve the retail offering.
The current owner admits that he doesn't have the time or experience to run the store consequently he must let it go into better and experienced hands.
To find out more, please contact email@example.com
|Reporting Period||2017||Weekly Average||2016||Weekly Average||2015||Weekly Average|
|Wages and salary||$50,179.00||$964.98||$34,810.00||$669.42||$107,812.00||$2,073.31|
The current landlord has agreed to continue current terms after agreed transfer of the business.
• $60,000 (excl. GST)
• Lease term of 5 years starting 2014 July with 5 year extension in 2019
• Increases 2.5% pa starting July 2017
No overheads apply, with the landlord incorporating the vast majority into the rent.
Sale Status : New Listing
Sale Method : Expression of Interest
Investment Amount : EOI - 01/04/2018
Stock at Value : $100,000.00
Finance Options :
1300 793 690
0400 446 605