WIWO Plus Stock – Expression of Interest
IGA Express ” Bel Air” Broadbeach

LJ Hooker Business Broking – Gold Coast has been appointed by the Receiver and Manager to offer for Sale by way of Expression of Interest the business of Retail Acquisitions Pty Ltd ACN 128 290 433 the “IGA Xpress ‘Bel Air’ Broadbeach”.

The Supermarket is situated beneath the Bel Air resort which is beach side on the Gold Coast Highway. The position is located in a transport hub and in the heart of existing and proposed high rise developments and strip centre.

The Business comprises of a large store area of 251m2. A 5 year lease is current with one five (5) year option. Other benefits include:

- Ample street and under roof car parking
- Near new plant and equipment
- Ample cold storage
- All systems and staff in place
- Strong Location
- Good foot traffic
- Situated among other varied and Businesses such as a bottle shop, Pizza Hut and hairdresser salon.

Financials for the financial year ending 30 June 09 indicate Total Income received of $1,997,552 and Net Profit after add backs of $274,949.

It is important to note that at present the business is being run by the Receiver and Manager.

This Business is offered for sale by expression of interest as a going concern on a WIWO basis which includes:

- Plant & Equipment
- Goodwill

Stock at cost is Additional.

Expressions of Interest close 31 May 2010.

For further information and a copy of the Business Information Memorandum, please contact:

Peter Horsington
Telephone 07- 55843900
Facsimile 07-55843999
email: goldcoast@ljhbb.com.au
or visit www.ljhooker.com/bbgc
Suite 2/10 Albert Avenue, Broadbeach Qld 4218