Tuggeranong Supermarket, Canberra ACT 2601

An exciting and rare opportunity exists to purchase a successful Supermarket located in the Southside of Canberra. Being an independently owned and unaffiliated supermarket, there are no franchise commissions or dues, giving you flexibility to run the business as you like and maximise your profit potential.

This supermarket has continued to grow a loyal and expanding customer base. The business prides itself on providing an excellent fresh food offer and a variety of specialty groceries.

* Offers long secure lease in great location, ample parking and public transport
* Turnover for 2014 exceeded $7.5 million, gross profit 35%+
* Average of 5500 customers per week
* 1900m2 premises with an excellent fit out
* Established base of 30+ staff. Owner currently works in business by choice and draw commensurate wages, but could be easily replaced with additional staff or new owners.
* Store trades 7 days a week from 8am to 6pm (9pm on Friday)
* Plenty of scope exists to expand the business by investing in more marketing, introducing new product lines, and extending the grocery and liquor offering.

Current owners looking to persue other interests. Handover to new owners is available
N.B. Finance can be arranged by the vendor up to 50% of the purchase price
For a confidential discussion please call Frank on 0448 048 666