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

Inspections

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

Key Details

Property Type:Business
Stamp Duty:$0
 
The Finn Group

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What's Nearby

Arawang PrimaryPrimary School
1.5km
Melrose High School, PearceHigh School
1.7km
The Canberra HospitalHospital
2.4km
Woden PlazaMajor Shopping Centre
1.2km
Australian National UniversityUniversity
8.9km
Marist College CanberraCollege
1.3km
Phillip Post OfficePost Office
1.2km

Canberra Suburb Information

 
 
Average Age
24 years
Population
2,824
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 51 times. It was first displayed on 11/11/19 and last updated on 11/11/19.