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Australian Food Hospitality Business

TBA

Description

Situated on a busy inner-city, highway location, this Cairns convenience store is an ideal opportunity for a working couple, extended family or passive investor. Currently operated under management with limited owner input, Olly’s Friendly Grocer Sheridan Street presents immaculately, featuring upgraded plant and equipment and point of sale.

Other features of this outstanding opportunity include:

•Annual sales in excess of $3 million
•Long lease, with rent as a % of turnover being less than 4%
•Close proximity to Hotel & Motel accommodation
•Ample, convenient customer parking
•Fully trained, loyal staff
•Repeat clientele
•Great cash flow business
•Full customer offer, including grocery, convenience, fruit and veg, cigarettes & BBQ chickens
•Impressive financial performance, with return to owner in excess of $400k
•Active promotional programme and Friendly Grocer banner support

Detail

Updated on August 13, 2020 at 11:33 am

Property ID:L#2020554
Asking Price: $950K
Property Type:Grovery Store
Property Status:For Sale
Gross Revenue:TBA
EBITDA:TBA
FF&E:TBA
Inventory:TBA
Real Estate:TBA
Country:Australia
State: Queensland
City: Cairns

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