URGENT SALE! A Huge 120% Return on Investment!*

- Friendly Grocer Lyons,Canberra ACT 2601

$248,000 + SAV

BusinessSize: n/a
This popular and profitable supermarket located in the Lyons Shopping Village has been established since the late 1960s and has certainly stood the test of time.

This business has been tightly held by the current owner for over 10 years and only due to a return overseas is he now wishing to sell.

It is exceptionally well located and is heavily relied upon by the locals as well as passers-by due to its convenient location connecting central Woden to Weston Creek.

It stocks everything from meat and vegetables, alcohol and tobacco, to household items. It is a one-stop shop for all your grocery needs!

The business would ideally be suited to a motivated couple or partnership in order to take full advantage of reduced wage costs and increased profits.

A long lease is in place to February 2026 with a 5+5 year option to renew.

All plant and equipment is included in the sale.

Don't delay making an enquiry TODAY!

Sale Price $248,000 + SAV

*120% Return on Investment is based on the owner's 2019 adjusted net profit as calculated from the available accountant prepared financials and the current asking price.

For more information about this great opportunity please contact Michael Newham on 0419 263 014 or email michael.newham@finnbusinesssales.com.au


No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$0


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What's Nearby

Curtin PrimaryPrimary School
Alfred Deakin High SchoolHigh School
The Canberra HospitalHospital
Woden PlazaMajor Shopping Centre
Australian National UniversityUniversity
Canberra CollegeCollege
Phillip Post OfficePost Office
The Finn Group

Canberra Suburb Information

Average Age
24 years
Canberra Profile
Canberra Occupancy

Contact agents

The Finn Group

The Finn Group

View agency detailsMichael NewhamThe Finn Group
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This listing has been viewed 24 times. It was first displayed on 08/09/19 and last updated on 08/09/19.