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Print Posted by Benchmark Business Sales & Valuations on 09/10/2017 in Business

Spar Express For Sale | Canberra

$345,000 - + SAV


Description

Spar Express For Sale

 

New to the market, this is a highly desirable Spar Express with HUGE potential for growth.

Watch Your Investment Grow…

 

What a great opportunity this represents. Only 18 months old and already generating a handsome profit.

Located in the fastest growing are of Canberra and only 20 minutes from the CBD.  This is a ground floor opportunity because it’s still in its early growth phase so whatever you invest now will grow and grow as turnover and profit continue their upward trend.

In its first full financial year, the business turned over $1.12million.  With a Gross Profit over 30%, it generated a Net Profit of $136,000.  Not bad for year one!  And with the area still developing, there is HUGE growth potential.

This Spar Express incorporates a Local Liquor outlet and a unique integrated café with indoor and outdoor seating, with both of these allowing for the generation of multiple revenue streams.

As this store is almost brand new it includes a modern high quality fit-out so there is nothing further to spend, and of course the near-new fit-out attracts generous depreciation allowances.

In addition to the downstairs retail space, there’s a generous lay-out upstairs including a kitchen, bathroom, lounge, separate storage and two offices, all with internal access.

A long lease to October 2025, plus 1×10 and 1× 9 year options.

Stock is currently valued at $145,000.

You must check this out because opportunities like this don’t come along often.

 

FOR SALE: $345,000 + SAV

Click on the FIND OUT MORE icon, call the exclusive broker, Ripple Parekh on 0435 525 458

or send an email to ripple@benchmarkbusiness.com.au

Food & Beverage Products and Hospitality Suppliers Benchmark Business Sales & Valuations
Benchmark Business Sales & Valuations
(Verified Member)

Contact Benchmark Business Sales & Valuations
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $345,000 - + SAV
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Canberra ACT 2601, Australia

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