Foodworks Fresh Charters Towers
About this opportunity
With a turnover of $7.5 million and a near-new shop, including a newly built onsite manager's residence, this is a business opportunity that truly stands out. Located in the thriving town of Charters Towers, it’s a cash cow with no further investment needed. All the hard work has already been done. The business is rock solid, featuring an upgraded fit-out including 3-phase power to increase capacity for generator backup system to power the business, ensuring that no trading time is ever lost, even in the event of an emergency. Significant improvements have been made to the property, including a studio apartment, a new awning and 83 solar panels, and the latest Foodworks signage, further enhancing its appeal.
Charters Towers is the gateway to the busy western corridor, it has a rich history as a former gold mining capital, and its economy remains stable, supported heavily by education with three notable large private boarding schools, distance education with 200 teachers, one state high school and three state primary schools. Tourism, pastoral and gold mining industries also play a major. The copper string project, expansion of existing mines, and announcements of new operations in the district contribute to creating strong prospects for future growth.
Business Story
Foodworks Fresh has two street access for ease of parking and deliveries with the entry point in the main street. Conveniently located directly across the street from Charters Towers' sole Woolworths supermarket, yet its performance stands out as a clear success. This is a testament to the owners’ forward-thinking vision, evident in the store's modern renovations and exceptional presentation. While larger chains like Coles have come and gone, Foodworks has thrived where others have struggled. High overheads have proven challenging for the bigger retailers, and even Woolworths has scaled back its operations, no longer trading on Sundays and reducing its hours overall.
While the store currently offers Golden Casket scratch tickets, a significant opportunity for growth remains with the addition of Lotto services. New owners could capitalize on this by acquiring a nearby Lotto agency and transferring the license. This acquisition presents even greater potential, as it includes a 3-bedroom house and a spacious block large enough to accommodate the construction of four to six units, offering both immediate and long-term growth possibilities. For more information on that opportunity click on the following link https://www.businesssalesgroup.com.au/queenton-paper-shop/?region=NQ
Foodworks has built a strong brand with a network of 650 stores across Australia, generating an annual turnover of $2 billion and serving over 3 million customers each week. As an independent Foodworks store owner, you retain 100% of your profits. In addition, Foodworks provides you with the resources, support, and services necessary to help ensure your business thrives.
Tuition is your ally in this transition. The current owner is happy to provide a generous training period to help you become familiar with the business operations. This training will cover all the essential behind-the-scenes processes, ensuring that the business runs smoothly and efficiently for you in the future.
This opportunity offers an ideal setup for enthusiastic buyers looking to enter a turnkey full facet supermarket industry business. There is also potential for effective management by others. If this prospect intrigues you, reach out and contact us today. Furthermore, the availability of motivated finance brokers through the Business Sales Group Network adds value by offering tailored finance packages to interested buyers. We are here to support you in exploring this exciting business venture.
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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.
