IGA Supermarket For Sale – South Coast

Hot
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$750,000 + SAV

This absolutely beautiful IGA supermarket is located just 3 hours south of Sydney in a beautiful coastal town.

Completely refurbished approximately 1000 sqm large profitable supermarket currently run under management with highly skilled staff in place.

Immaculate condition of plant & equipment with written down value over $ 900,000. Huge depreciation benefits for incoming buyer. Nothing to spend.

A huge sale from fresh departments & high GP, long lease with options and rental subsidy till 2041, what more could you want from this IGA Supermarket!?

Key Points:

  • Profitable
  • Completely refurbished good sized store, nothing to spend
  • Run under management
  • Highly skilled staff
  • High GP – 25% ++
  • Huge sale in fresh department
  • Immaculate condition of Plant & Equipments – with written down value over $900,000
  • High Depreciation benefits for the incoming owner
  • Attractive Rental Subsidy in place
  • Beautiful Coastal Town

Business Snapshot:

Ø  Weekly Average Sales- $88,832 Ex GST (2016)

Ø  Store size- 1000sqm (approx)

Ø  Long Lease in place until July 2021 with 4 x 5 year options

Ø  Attractive rental subsidy in place until 2041

Ø  Current Rent- 3% of Turnover

Ø  Currently run under management

Ø  Completely refurbished

Ø  Good quality plant & equipments with nothing to spend

Ø  Profitable business

 

If you are looking to buy an IGA Supermarket for sale in NSW – Look no more! This is great value!

 

This Business is for sale @ $750,000 + Stock

* Own Due Diligence required

To find out more about this exciting IGA Supermarket opportunity, and further details on this store,
please contact Ripple Parekh on 0435 525 458

 

Email: ripple@benchmarkbusiness.com.au

www.benchmarkbusiness.com.au

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Find Out More About This Business

Ripple Parekh

business broker Ripple Parekh

Benchmark Business Sales & Valuations business broker Ripple Parekh sells businesses in the service station sales and supermarket sales industries

business_status Status Hot business_profit Price $750,000 + SAV business_adress Location New South Wales, Australia business_id Listing Number b20034821

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