Mt. Isa’s SPAR Supermarket is a remarkable story of how cooperation within the parties involved in the supermarket business sale can result into great results.
The SPAR at Mt. Isa has been serving its neighbourhood for years. It enjoyed great support from the local community, helping the store earn considerable turnover rates and a solid profit history. The cheap rent also served as an incredible bonus for buyers looking for an investment with awesome returns.
Retirement was a significant factor in the owners’ decision to put the business up for sale. Additionally, illness in the vendor’s family made the process more sensitive. Despite what they were dealing with, the members of the family worked with Aussie Brokers until the supermarket was sold in December, 2015. Training and handover proceeded smoothly.