Foodworks Collinsville
About this opportunity
This is a fabulous small town family business opportunity, the rewards are yours with the business situated in Collinsville, the gateway to the Bowen basin's booming coal area. The business has been operating there for many, many years. Its located smack bang in the main street on 4067m2 with massive hardstand area for carparking vehicle unloading. The supermarket has a fresh modern fit out including flooring so there is literally no more to do.
Business Story
The business is well established, (approximately 20 years) had a fresh new fit out in October 2017, trades well and is completely run under management. The owners of the True Value Hardware are long-term Collinsville residents, at one stage owning the freehold, supermarket and the hardware business.
Foodworks has developed a great brand with a store network consisting of 650 members Australia-wide with an annual turnover of $2 billion and more than 3 million customers a week. When you own a Foodworks store, all the profits from your business belongs to you and as a Foodworks member they provide you with the tools, support and services you require to ensure your success.
The store has a clean modern fit out, is well stocked and very well merchandised in keeping with a basic corporate layout giving the store good flow with lots of colour. An ATM would be a good addition to customer traffic & be very handy providing additional customer service and retail sales.
A computerised Point of Sale System with two service points are located to the front of the store which is linked to a back office making it extremely easy to track sales, change prices and view or print any myriad of reports to track the stores performance.
The business provides a great lifestyle for the current owners in more ways than one but as an aging partnership now is their time to wind back which means placing this business now and soon the freehold property on the market. Being a small town, they have loyal local customer base who support their business.
The site is a corner location on the main road which gives easy access with street parking. The business trades 7 days a week and open from 5.00am to 8.00pm is fully staffed and easily run.
Genuine reason for selling here and listed for sale at $550,000 + SAV.
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Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.