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Listing Id: 34058 Last Refreshed: 07/11/2024 Total Views: 7 Broker Ref: 22830

Family Supermarket Operating 50+yrs South Hobart T/O Appr $60,000 Weekly Location and Potential

Hobart, TasmaniaSupermarkets
Asking Price: $379,000
Business For Takeover
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Overview

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Reason For Sale

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Description

Exciting Opportunity: Thriving Family Supermarket for Sale in South Hobart

Here's your chance to own a highly successful, long-standing family-run supermarket in South Hobart! Established in the 1980s, this turnkey business offers a strong customer base, steady profits, and a seamless transition for new owners.

Why This Supermarket is a Must-Buy?

Flexible Working Arrangement: Currently run by 2 owner-operators with flexible hours. Ideal for a family or hands-on owners looking to run the business full-time and save on staffing costs.

Diverse Product Range: Offers everything from fresh fruits and vegetables to meat, bakery items, ready-to-eat meals, cigarettes, hardware, and moretruly a one-stop shop for the community.

Local Favorite: Macquarie Store is a well-established institution and a beloved part of the community. Locals rely on this store for their daily shopping needs, making it a trusted and essential destination.

Additional Benefits:

Strong Staff Support: Experienced team of 6 casual employees manage day-to-day operations, ensuring the business runs smoothly.

7-Day Trading: Open every day, maximizing customer convenience and business potential.

Long Lease: A new long-term lease at approximately $1,730 + GST + outgoings per week ensures a stable and manageable overhead.

Untapped Potential: There's growing demand for Tasmanian wines, and with a liquor license, the new owners can cater to both locals and tourists, boosting revenue.

Commercial Grade Equipment: Includes a fully equipped commercial kitchen and walk-in cool room, perfect for expanding into catering or distribution.

Growth Opportunities:

Tourist Appeal: With increasing tourist numbers in the region, there's significant potential to expand the business by introducing local wines and other Tasmanian specialties.

Purchasing Power: Partnered with Tas Independent Retailers, the store receives best products with good operating margins.

Stock levels are currently between $300k-$350k. If you're seeking a well-established, profitable business with room for growth, this is the perfect opportunity.

Interested?

Complete a confidentiality agreement to receive the information memorandum and financials.

Phone Business Broker Paul Scott on 0477 771 098. pauls@businessbrokersnetwork.com.au or Praveen Pant on 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.
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