Essential Service - IGA Supermarket Northern NSW

This beautifully presented business is now for sale. Sales for the week were $61,874.20 April 26th, 2020. You truly feel when walking into this business it is connected to the local community, smiling faces plenty of banter, very clean and tidy. This IGA is certainly the cornerstone of the community and the only supermarket in the centre, positioned in-between a Bottle shop & Bakery. There is a long lease in place current term to Feb 2021 + 3 x 5 year option periods, the current gross rent is inclusive of outgoings @ $10,659.61 including outs & GST. This IGA trades 7 days per week, has 10 staff including 2 staff in management roles that can open, close and run the business when the owners are away. The owners work in the business, one doing 45 hours the other 20 on average. There are new residential estates opening close by that will increase sales. This is a great opportunity for a new owner to secure this great business. 

    Morgan Business (transparent).png

    ©2019 by Morgan Business Sales.