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Reference: benchmark_74_564

IGA SUPERMARKET Southern Suburb Brisbane

QLD
$1,500,000 + stock

IGA SUPERMARKET Southern Suburb Brisbane

$1,500,000 + Stock

Freehold also available for Sale

 

A fantastic opportunity exists here, recently refurbished with an approximate spend of $800,000,

which includes a coffee shop with seating, brand new fixtures and fittings throughout.

 

This full-size IGA Supermarket is under management with all staff trained to a high standard,

which enables the Owners flexibility to enjoy Work Life Balance.

 

Located on the south side of Brisbane, opposite a main arterial road with ample parking right at the front door.

Making this store the one-stop location for the surrounding community and passing traffic.

 

Consistent solid trade and great weekly returns make this Supermarket desirable for the Savvy Investor or an Owner-Operator.

 

All the hard work done nothing to spend.

 

 

Key Points

Ideally positioned in a well-presented main strip, surrounded by other key businesses.

Main Road position with ample parking and access.

Supermarket is currently Fully Managed.

IGA brand is well known to locals.

Recently Refurbished.

Competition already established.

 

Business Snapshot

Current Average Weekly Sales $145,000.

Current Average GP (Gross Profit) of 24.2%.

Store size- 1077 m2.

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

Current Rent- $27,386.66 + GST Includes Outgoings.

Opportunity to purchase Freehold.

 

This Business is for sale @ $1,500,000 + 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_564

        

Status
Sold
ROI
n/a
Annual Revenue
Listing Price
$1,500,000 + stock
Location
QLD
Industry
Convenience, Grocery & Liquor stores
Earning Type
Years Trading
Stock Level
Reference Number
benchmark_74_564