UNDER CONTRACT | Profitable & Under Management

UNDER CONTRACT | Profitable & Under Management

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Location Details :

Country

Australia

State

Tasmania

City

--


Industry :
Food/Hospitality - Supermarket ; Food/Hospitality - Convenience Store ; Industrial/Manufacturing - Food/Beverage ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

BUSINESS INVESTMENT: $875,000 + SAV

An opportunity to acquire a strong performing IGA supermarket in a thriving regional town.

Located in a popular village residential area which is one of the top 3 population affluent growth areas in Tasmania. A local supermarket has been in this location for > 30 years and in recent years the local newsagency & Lotto outlet has been merged in.

Currently under management with an excellent team in place. Long lease in place including options which provides over 25 years tenure with very reasonable rental terms.

It is all setup, nothing more to spend. The owner is looking to retire.

* Very strong profitability which is increasing.
* Sales approaching $6M and still growing
* Consistent gross profit margin
* Long lease with options provides > 25 years tenure
* Under management with experienced team of staff
* Excellent location with huge passing traffic
* Local Lotto and newsagency included
* Full financial and sales history available


Click the Email box and fill in your details.
Or call 0448 887 398
Or email chris.mitchell@finnbusinesssales.com.au

FINN BUSINESS SALES TASMANIA website:
https://tasmania.thefinngroup.com.au/

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