Port Broughton Central Deli

$120,000 + SAV ($60,000 approx.)

Web ID: R9009

Business Description

This business is a deli by name but it operates as a true general store. It includes takeaway food, newsagency, deli lines, stationery, gift sales, fishing equipment and supplies and cigarette sales.  The business has a renovated and very comfortable three bedroom residence attached.

At a glance: 

  • Local icon
  • Main street location and close to the beach in Yorke Peninsula town
  • Turnover close to $1 million
  • Take away, stationery, newsagent, deli, fishing equipment & much more
  • Perfect for a family looking for a sea change
  • This business is a true general store and is the hub of the town
  • Renovated 3 bedroom residence attached
  • Freehold property available if required
 

Simon Winter 0419 828 689


Extended Price Information

Goodwill $90,000
Plant & Equipment $30,000
Stock at valuation (approx) $60,000
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$180,000

Financial Summary

Year
Sales Return to Owner Return on Owner's Investment
2015/2016 $961,227 $114,746 63.75%
2016/2017 $944,167 $114,679 63.71%
2017/2018 $980,701 $102,079 56.71%
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Lease Summary

Current Rent $36,000 per annum + GST
Lease Term 5 years
Lease Commencement Date of Settlement
Right of Renewal 3 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually
Bank Guarantee None
A new lease would be available on the above terms to the purchaser

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