Large Foodworks at CBD Fringe Ref: 1021

Description

– Same owner for 15 years. Well established supermarket.
– Magnificent location, well situated at major shopping strip at CBD Fringe with heavy foot traffic
– Spacious shop with premises over 350 sqm , great set up with large walk-in cool room & three bedrooms upstairs (school zone)
– Massive Product Line. Provides full range of grocery, alcohol, cigarette, sweets, soft drinks, confectionary, fruit & veg and Asian food
– Current average Taking is around 38,000 p/w
– One of the most wealthy area With High Spending per person. GP Approx. 26-27%.
– 5+5 years long lease til 2027 with reasonable rent of 1,900 + GST p/w
– Keen vendor selling due to retirement
– Suitable for small family or business migrants

Weekly Takings: $38,000

Asking price only $420,000

Listing Ref 1021
Asking Price 420000
Taking 38000
Sale Status Urgent Sale

Nick