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Near Port Macquarie.The business will be sold with a new 5 years lease, commencing September 2018. In addition, there will be a 5 years option. Turnover $1.4M pa (ex GST) (approx.). Good net profit. Established approximately 25 years.
This business is essentially an independent supermarket, which belongs to the “SPAR Australia Limited” franchise group. This supermarket carries an extensive range of products, which broadly includes; fresh fruit and vegetables, processed meats & poultry, packaged quick meals, tin foods, sweets, butter & other spreads, milks & other dairy products, soft drinks & juices, coffees & teas, cereals, breads, toiletries, pet food, washing detergents, cleaning products, etc. The supermarket is clearly visible by the “SPAR” red logo with a green emblem design and signage. However, each SPAR store is different with a strong sense of independence. Each SPAR store has a weekly specials catalogue. The business is simple to run with the marketing group taking care of some of the marketing, new product development etc.
The premises are located in a high profile street front, corner, position on a busy main road. The store has 270 degrees exposure to the main road, side street and footpaths. Some of the businesses include: Wauchope Motors, and Wauchope District Memorial Hospital down the road. There is also a primary school nearby. There is ample parking on the main road and side street.
The SPAR Australia Limited group now boasts approximately 300 supermarkets and food & convenience stores throughout Queensland, New South Wales, the Northern Territory and the Pacific Island areas. The franchisor is based at a 20,000 square metres distribution centre at Acacia Ridge. SPAR Australia has the support of SPAR International which is based in Amsterdam Netherlands. This is the coordinating office for all 44 SPAR countries. (NB the photo is a generic photo only & not a photo of the actual business). GREAT OPPORTUNITY TO GET INTO THE SUPERMARKET BUISINESS!! WELL SOUGHT AFTER FRANCHISE GROUP!!
Asking $300,000 + SAV.
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