Buy Long-Established Coastal Supermarket & Newsagency
Food/Hospitality - Supermarket Businesses for Sale in NSW, Australia
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| Title: | Long-Established Coastal Supermarket & Newsagency | |||||||||
| ID Number: | 18690 | |||||||||
| State: | New South Wales (NSW) | |||||||||
| Listing Type: | Businesses | |||||||||
| Categories: | Food/Hospitality - Supermarket, Retail - Newsagency/Tatts | |||||||||
| Description: | Blueys Beach, MidCoast NSW An excellent opportunity to acquire a long-established supermarket, convenience store and newsagency in the popular coastal destination of Blueys Beach. Operating for approximately 55 years, the business services both the permanent local community and the strong tourist market attracted to the area throughout the year. It offers a broad range of groceries, fresh produce, meat, dairy products, frozen foods, drinks, newspapers, magazines, stationery, fishing gear, tobacco products, lottery services and everyday household essentials. Business Highlights Established for approximately 55 years Current owners since October 2018 Essential retail business servicing locals and tourists Strong Christmas, summer holiday and weekend trade Loyal local customers and returning holidaymakers Sunrise buying group membership Extensive range of grocery and convenience products Newsagency and lottery services Well-presented retail premises with three shopping aisles Four-door cool room and comprehensive plant and equipment Office, kitchen, staff amenities and downstairs storage Three casual employees Seven-day trading Further 5 + 5-year lease option available Additional Rental Income The lease also includes an upstairs two-bedroom unit currently occupied by a Pilates studio. This generates approximately $23,400 plus GST per annum in additional rental income, with the tenant also contributing 25% of the council rates. Growing Coastal Community Blueys Beach and its surrounding communities continue to experience residential development. The nearby Adenbrook estate is releasing approximately 70 premium residential blocks, bringing builders, tradespeople and contractors into the area. The Ingenia Lifestyle Kokomo over-55s community is also expected to comprise approximately 133 homes when completed, increasing the permanent population and demand for convenient local shopping. This is an opportunity to acquire an established and well-equipped coastal retail business with multiple income streams, a recognised community presence and further potential as the surrounding area develops. Price: $685,000 + SAV ABM ID#: 6499 |
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| Price: | $ 685,000.00 + SAV | |||||||||
| Stock Value: | Upon application | |||||||||
| Net Profit: | Upon application | |||||||||
| Turnover: | Upon application | |||||||||
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