Industry:
Retail
Business Address:
North Albury, NSW, 2640, Australia
Click on pics to enlarge.
AD
ID:
B241000011
Asking
Price:
AUD$700,000
Rent:
Detail
business type:
Supermarket, Takeaway, Fuel, and Liquor Store
Business
Ph:
0478 173 999
After
hours ph:
Contact Details
Name:
Mr. Gary Evans
Advertising
Nature:
Private Seller
Company
Name:
Norris Park IGA
Phone:
0478 173 999
Mobile:
Fax:
Email:
mail@balranald.org
Website:
Suburb/State:
North Albury / NSW
Postal Code:
2640
Country:
Australia
Comments:
Features
SUPERMARKET TAKEAWAY FUEL AND LIQUOR STORE FOR SALE-DIVERSE RETAIL OPPORTUNITY
This supermarket is back on the market due to a previous buyer unable to purchase. This North Albury business offers a unique four-in-one business opportunity combining grocery, takeaway, fuel, and liquor sales.
Key Highlights:
* Location: North Albury, near senior living areas and middle-class housing
* Established: 18 years in current location, 11.5 years under current ownership
* Lease: $158,000 p.a. (Ex GST), 24 years remaining (5x5 term)
* Trading Hours: 7 days, 6:30am-7:30pm (earlier close on Sundays)
Staff: 1 full-time, 14 casuals (including juniors)
* Divisions: Supermarket, takeaway (with coffee), fuel, ice, and liquor store
* Owner Involvement: 5 hours in-store on registers, plus behind-the-scenes management (rosters and accounts)
* Training Offered: Two weeks, plus ongoing help when needed
* Business Model: Convenience-style, essential items, ample parking and easy access
This versatile business has consistently performed well, even during economic challenges, due to its strategic location and diverse offerings. The store provides essential items, food and milk, and convenience services to the local community.
Expansion opportunities include growing the catering side of the business, enhancing the fresh produce section of the supermarket, and exploring postal and lottery possibilities.
The current owner, who is selling due to retirement and a loss of enthusiasm after 11.5 years, will provide comprehensive training and ongoing support to ensure a smooth transition. They will continue to live nearby, offering assistance when needed.
This established business doesn't compete directly with larger companies and has maintained consistent performance even during the cost of living crisis. It presents an excellent opportunity for an energetic entrepreneur to take over a well-functioning operation with multiple revenue streams and growth potential.
Price $700,000 +SAV Leasehold.
For further details, please contact 0478 173 999.
Email: mail@balranald.org
