This business features an IGA supermarket with a Newsagency, Lottery Agency and Cafe providing its loyal customers with all the essentials and acting as a ‘one-stop-shop’ in the Wheatbelt area.
The business, originally established in ’70s, is very well merchandised and offers a great range of grocery lines, magazines, giftware, bakery, dairy and meat lines, books, lottery products and also cafe meals 7 days a week.
The business employs reliable, experienced staff, is well supported by the local community and has a 4.5 star rating on Google with many favourable reviews.
There are growth opportunities available such as applying for a license to sell alcohol or increasing the stock range to sell other items including hardware. The premises offers ample space with a 452m2 retail area, 160m2 office area and 60m2 verandah on land area of 2,021m2.
The business has nothing to spend with both the interior and exterior having been repainted, a relatively young, well-maintained plant list and recent instalment of 22KW solar system promises large energy cost savings.
Showing consistent annual sales of approx $2 million (average over last 6 years), with healthy gross margins.
Only 2½ hours from the CBD this would suit a family wanting to run their own business and looking for a rural lifestyle not too far from the city.
Owners are looking to retire.
The asking price is $530,000 business and freehold premises plus stock (approx $120,000 – $140,000).
Property & Business Snapshot
- Supermarket – Newsagency – Cafe – Lottery Agent with Premises
- Established in the 1970s.
- Recent repaint has refreshed the business.
- Land Area 2,021m2.
- Retail Area 452m2 – Office area 160m2 – Verandah 60m2.
- Approx 2½ hrs from Metro.
- Payroll to Sales ratio approx 6.6% (FY19 draft).
- Consistent annual revenue averaging approx $2 million (avg last 6 years).
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