SOLD – Friendly Grocer Supermarket – Lock, SA

Description

Turnover Over $660k – No Competition – Be Quick To Grab This Bargain! 

Currently operating – and offering a Net Profit of $90k a year – Lock Friendly Grocer is now available for a new tenant or purchaser. 

With stacks of improvements recently made to the store, you have the choice of taking the lease – or the freehold! 

• Turnover $660k with high margin 
• No local competition – Closest supermarket is 70km away 
• Established since 1925 – First as a Deli, then a Supermarket 
• Customers locals, residents from surrounding towns, several service clubs, and local mining operations 
• Premises 600 sqm with shop, Café & kitchen area, storage room and office  
• New electrical work done with energy efficient LED lights 
• New automatic entrance door + New advanced security system 
• 30kW solar system + Forklift included 

This supermarket has become the central meeting point for locals – with a new coffee area recently added. 

Located 140km from Port Lincoln in a friendly farming community, the store is greatly valued by locals – and offers a new owner potential to grow the business and reap the rewards. 

Friendly Grocer Supermarkets are one of Australia’s big success stories – and this is an unbeatable opportunity to buy in. 

Price – $350,000 + Stock