North Melbourne – Momentum & Co Investment Group https://momentuminvestment.com.au Business | Hotel | Investment Mon, 07 Dec 2020 02:07:59 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.5 Large Foodworks at CBD Fringe Ref: 1021 https://momentuminvestment.com.au/listing/large-foodworks-at-cbd-fringe-ref-1021-2/ Mon, 27 Apr 2020 22:30:16 +0000 http://3.25.69.250/listing/large-foodworks-at-cbd-fringe-ref-1021-2/ – 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

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