NEW IGA For Sale
SLEEK, STYLISH AND SOPHISTICATED….
Only twelve months old, this new-generation supermarket is super smart and super stylish. And already profitable. It’s been enthusiastically embraced by its new seaside community of over 3,000 and growing, 1 hour south of Perth. All in all, it has a great deal going for it.
So Much to be Impressed by…
This is a modern supermarket of unique design. The conscious differentiation from conventional supermarkets sets it apart. Not that there is anything to compare with locally – the nearest competition is twelve kilometres away.
There’s so much to delight a buyer, but some of the highlights include:
- New plant, fixtures, and fittings throughout (great depreciation benefits)
- European refrigeration, all contributed by the landlord, in which ownership vests with the lessee in year 11;
- A three-year rental honeymoon, of which two years remain. Thereafter, rent is capped at 3% of turnover;
- The outstanding fresh bakery offer, quality service deli and a quality fresh produce department all contribute to the supermarket’s points of difference.
And There’s More…
This is not just a supermarket for sale. Look what complements it:
- A 40-seat café, featuring a full commercial kitchen and alfresco seating with views over the adjacent lake. All products are supplied by the supermarket, it has developed a range of products that sells in the supermarket. The café has established a reputation for having the best coffee in the region;
- A Lotterywest outlet, which is incorporated in the main service area. This is an important drawcard being the only such outlet for kilometres around;
- A Cellarbrations retail liquor shop. Currently licensed six days a week, it features a full range of liquor, a specialised WA wine selection and a unique “fill your own” craft beer offering.
The total floor space is 1,150 m2. And it’s still rent-free for the next two years!!
This business has already had a strong start with turnover averaging approximately $125,000 per week. Potentially, it’s still in the early stages of its growth, as this new town’s population grows. And the developer is fully committed to the supermarket and associated businesses’ success.
Whether you’re looking for a one-off venture or an impressive addition to an existing supermarket portfolio, this is worth pursuing.
FOR SALE AS ONE LOT: EXPRESSIONS OF INTEREST OVER $1,500,000 + SAV
Click on the FIND OUT MORE icon, call the supermarket specialist and exclusive broker,
Mathew Hartley on 0400 412 593 or send an email to
Benchmark Business Sales & Valuations