Summary
Description: Foodworks Supermarket Magnetic island is a rare opportunity to combine Return on investment 45 percent ! FOR SALE: $950,000 + Stock
Revenue
$65,000 pw
Rent
$3,200 pw
Expenses
$6,000 pw
Net Profit
$9,500 pw
Location Details
55 sooning st nelly bay 4819, U 4 55 sooning st nelly bay
Potential
Shop is Semi managed owner can save more on wages if its managed by owner
Skills
two week training will be provided by current owner
Hours
OPEN 7 DAYS 7AM TILL 7:00PM
Lease
8 year lease Remaining landlord very cooperative istalled brand new aircon 6 month ago
Employees
12 CASUAL STAFF
Reason for Sale
Buying large format supermarket
About the Business
Description:
Foodworks Supermarket Magnetic island Looking For a Sea change? LOOK NO FURTHER !!
This is a rare opportunity to combine Return on investment 45 percent Tropical Island Living with a thriving business on Magnetic Island Nth QLD! FOR SALE: $950,000 + Stock
As the main anchor retailer, this long established FoodWorks store is also surrounded by other quality and essential retailers including Pharmacy, Bottle Shop & Bakery /Café. Enjoying a high-profile main road position as well as three street frontages along with plenty of on-site parking the stores prime location is enhanced further by being close to the busy ferry and barge terminals as well as popular holiday homes and rental apartments, for which the store plays a vital role in the supply of needs for both tourists and locals alike. Key Points: · Enjoys strong local support · Well established · Prime position · Provides a wide variety of needs for tourists · Suitable for either owner operator or semi managed
Business Snapshot:
Net profit $494000
annual sales 3.4M ·
Store Size - 399 m2 floor space.
Semi Managed.
History
Trading for last 40 year only had 3 owners
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