All offers on theses business will be considered. E.O.I closing in 5 days!!
$350K+ (lease is negotiable)

. National Brand
. High Turnover
. Highly profitable
. Under Management

A rare and unique opportunity exists to purchase a National Branded Supermarket located in Ormeau, one of the growth areas of the Gold Coast. Friendly Grocer is one of the leading independent retail grocery brands in Australia and as such, has benefits that other brands cannot deliver.

The store was opened in 2007 and occupies a prime position in Ormeau and is situated in a growth residential and development area. The store is geared towards the local convenience shopper and offers great opportunity to an owner manager/ investor who can continue with the right products and service.

The supermarket/convenience is 118m2 with the building comprising a cool room and an additional small office is situated at the rear of the store. The shopping centre is situated along a busy road junction and consists of other well frequented stores including a childcare centre.

Other benefits include:

. Ample street car parking
. new plant and equipment
. Excellent cold storage
. All systems and staff in place
. Location, location, location

Over the last two years the Turnover is averaging around $1.6m with an owner/manager takings averaging around $175K.

It is important to note that at present the business is being run under management and offers an ideal opportunity for the right person.

This Business is offered for sale by expression of interest.
Expressions of interest close 08 October 2010.