Sold

IGA SUPERMARKET Surfers Paradise

$1,250,000 + Stock

 

The Business IGA Surfers Paradise is positioned in the most densely populated area of Surfers Paradise.

It is surrounded by thousands of residential and holiday apartments.

First established in 2004 and has had consistent sales and above average gross margins over the years.

The current owners have recently renovated this Supermarket to the highest of standards making this one of IGAs Flagship Stores.

Price reflects Approximately 3 x Net Profit.

 

Buy the Dream. Live the Lifestyle.

 

 

Key Points

Situated in the most densely area of Surfers Paradise.

Immaculately renovated to the highest standard.

Gold Lotto approved for store. Opportunity for new owner.

Open 24/7 with After Hours window installed.

Only 200 metres from the beachfront.

Motivated key staff already in place.

 

 

Business Snapshot

Weekly Average Sales - $70,000 + seasonal.

   -  Average GP (Gross Profit) of 36%.

   -  Retail and Storage Area- approximately 620 sqm.

   -  Long Lease in place 2029, with options of 2 x 5.

   -  Current Rent- $22,097.40 + GST monthly.

   -  Semi Managed.

 

 

This Business is for sale @ $1,250,000 + Stock (Own Due Diligence required)

To find out more about this exciting growth and lifestyle opportunity, and further details on the store, please contact

Mathew Hartley Business Broker - Supermarket Specialist – REIQ BUSINESS BROKER OF THE YEAR 2017

M: 0400 412 593  T: 1300 366 521  E: mathew@benchmarkbusiness.com.au

 

If you like to know more about the Business complete our online confidentiality agreement by clicking the below.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Food and Hospitality, Supermarket, Convenience, Grocery and Liquor Stores

 Business Listing Code: benchmark_74_263

        


Submit Confidentiality
Agreement

     Status
Sold

     ROI
%

     Annual Revenue

     Listing Price
$1,250,000 + stock

     Location
QLD

     Industry
Supermarket

     Earning Type

     Years Trading

     Stock Level

     Reference Number
benchmark_74_263





Mathew Hartley

Business Broker

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