Forrest Beach Supermarket

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AU$SOLD
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April 16, 2021

Description

This is a great opportunity to escape life’s hustle and bustle purchase the only supermarket in the beautiful seaside town of Forrest Beach

Business Overview
Forrest Beach Supermarket is located at Shop 5/14 Leichhardt Street, Forrest Beach and has been owned by the current owners for nearly 4 years. The business sells all the grocery essentials including milk, bread, fresh fruit and vegetables and tobacco products. It also has a small deli that sells BBQ chickens, pies and sausage rolls.

The business thrived during the Covid-19 pandemic and sales increased over this period as more families moved to Forrest Beach.

The supermarket was previously a Spar supermarket and there is the option for the new owner to reconnect with this well known supermarket group if desired.

Forrest Beach
Forrest Beach is a picturesque seaside town with a long sandy beachfront which overlooks Orpheus Island and the Palm Island group. It is just over 1 hour north of Townsville. With approximately 1,600 residents and located 17km east of Ingham, Forrest Beach is an eclectic mix of professionals, young families and retirees. It is a friendly community with people knowing their neighbours and a visit to the local supermarket or the newsagent will find you chatting to people you know.

Forrest Beach is also very kids friendly with children being able to go to the beach, ride their bikes and hang out with their friends in a safe environment. Forrest Beach infrastructure consists of a local primary school, the Surf Life Saving Club, fire brigade, doctors clinic, pharmacy, mechanic, Forrest Beach Takeaway, Desiree’s Hair Salon, newsagency, post office, Forrest Beach Hotel, Venables Real Estate, as well as the usual trades such as plumbers, electricians, builders and carpenters.

Business Hours
The business trades 7 days a week from 7am – 7pm and is operated by a husband and wife team.

Sales & Return on Investment
The annual sales are over $1 million and the business has nearly a 70% return on investment.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Very well established business
  • Located in a beautiful seaside town
  • True lifestyle business
  • Easy business to operate
  • Good reputation
  • Only supermarket in Forrest Beach
  • Option to become a Spar supermarket again
  • Profitable business with fantastic return on investment
  • Room to expand
  • Ample parking in front and to the side of the supermarket
  • Good cash business

Business Price
Forrest Beach Supermarket is being sold for $140,000 plus stock at valuation (estimated at $30,000) (neg).

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact: