, Normanton QLD

For Sale

Retail

$600,000

The business has been operating for 20-30years, 11+years under current owner. There is a high profit margin and great return on investment. There is also 3 seperate housing units at the back of the block all self contained (2x1bedroom and 1x2bedroom)

This is a great business, with an excellent return on investment in prime fishing and caravaning country. It also has a great location, next to the only bank in town. The business sells everything, from groceries, fuel, takeaway, electical, etc.

After rent of $235040 the profit will be approximately $500,000+ with a couple running the business currently.

On takeover of the business a new straight 20year lease will commence with current operating hours of 6.30am to 8.00pm everyday.

There is new shelving installed in the business and enough space to increase the business product range to increase sales even further.

With weekly sales average of $70k last year and approximately a 5% increase on last years averages so far this year 2018/2019.

Excellent business for you to consider - enquire today

Phone enquiries - please quote property ID 20599

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