LIFESTYLE SUPERMARKET 35 YEARS & GOING STRONG - MAGNETIC ISLAND QLD
Magnetic Island, Queensland

$850,000 + SAV

 
Deli Food/Beverage Retailer Supermarket

This business has not only survived the ups and downs of the economy over the past 32 years it has thrived throughout the Covid-19 pandemic! Increased sales, gross profit, and net profit showing continuity and strength in their customer base.

This business has not only survived the economic ups and downs over the past 35 years, it has thrived throughout the Covid-19 pandemic!
Increased sales, gross profit, and net profit showing continuity and strength in their customer base.

Magnetic island has taken on a new lease of life with residential growth, new business development, and increased tourist numbers!
This is a unique opportunity for a tropical lifestyle with solid income proven through the years.

Key features of this business:-
• Annual sales circa $4.2M.
• Gross profit 30.5% well above industry norm.
• Good lease terms, rent 3% of revenue.
• State of the art POS system recently installed to facilitate ease of day to day operation.
• New interactive web site with online shopping & delivery.

http://magneticislandsupermarket.com.au/home

• The latest security systems.
• Located for over 35 years in a fast growing shopping centre with huge customer draw – lots of parking. In 2019 new businesses opened nearby attracting further
customers to the centre.
• Ideal business for a family or couple to maximise profits, easy to run, fully compliant. Great lifestyle operation.
• Long term, competent and reliable staff capable of managing the business while owners are away.
• All plant, equipment, and vehicles included in the sale.
• This is a long established, award winning store, their customer service second to none!
- Don’t miss this opportunity!


Contact
Wendy Treacey
Listing ID: PBB1018
Overview
  • Listing ID PBB1018
  • Status For Sale
  • Location MAGNETIC ISLAND
  • State Queensland
  • Price $850,000 + SAV
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