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Business ID BS143532

Tambo Foodworks, Freehold inc Detached 3 Bed House, Central Qld

Profitable, Experienced Manager in place, Revenue circa $50,000/wk

Opportunity to purchase well established local supermarket along with its commercial property and a detached 3 bedroom house. Tambo Foodworks has provided general grocer and sub news agency services to the local community for over 22 years and the surrounding central Queensland region. This business trades under a well known and respected national brand, however it is NOT a franchise, and no franchise fees are payable. 

Business Highlights

  • EBITDA  circa $60K per year under management
  • Freehold 379m2 Supermarket on 1501m2 corner allotment
  • Also includes 109m2 recently renovated house with 3 bedrooms
  • Circa $50k per week turnover
  • Experienced manager in place
  • Future growth opportunities including bakery and hot chickens
  • Genuine reason for sale
  • Includes assets valued by owner at $129,100
  • Includes 35KW solar system with 113 panels

This business would suit a range of buyers including new migrants looking to establish themselves in regional Australia, a family looking to work together, someone looking to get out of the rat race and relocate to the Queensland outback or someone who wishes to invest in a business with the security of owning the associated property.

The Freehold business is being offered for sale at $450,000 plus Stock at Value (approximately $100,000). The price includes the well established business, the commercial property and a recently renovated 3 bedroom house, along with all assets valued by owner at $129,100.

Xcllusive Finance

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Business Sale Price:
$450,000 + SAV

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