Featuring phenomenal growth in both sales and profit, this IGA supermarket for sale is a rare opportunity.
The vendors have successfully tapped into the local market. The store enjoys strong community support. So, its key indicators are above industry average.
Punching well above its weight…
This IGA is in a coastal tourist town in regional WA. Its world-famous attraction makes it a favourite stop for tourists all year round. They and the growing permanent population form the store’s supportive customer base.
In FY2021, it enjoyed sales growth of 34% over the previous year. Better still, there was an 84% increase in declared net profit! (Note: FY2020 was perfectly respectable.)
And, it’s well placed to continue the results it’s achieving.
Key Features:
· Established 15 years
· Partly managed
· Motivated key staff already in place
· Excellent year on year sales growth`
· Strong community support, and
· Main Street presence
Business Snapshot:
· Average weekly sales of $153,300
· Average gross profit of 24%
· Store size exceeds 1,000 m²
· Rent and outgoings of $54,400 per year.
There’s an excellent fit out in a well-planned layout with all plant and equipment in very good condition. A new owner need do nothing more than continue the vendors’ successful approach. And bank the profits. Because this IGA supermarket for sale is already punching well above its weight.
There’s a lot more to find out under confidentiality. So get in touch with the exclusive broker. He’ll be delighted to assist you to acquire this high-performing IGA supermarket.
FOR SALE: $2,500,000 + SAV
For further information on this opportunity, please contact:
Bud Baddour
Senior Business Broker
Benchmark Business Sales and Valuations
M: 0413 403 545 T: 1300 366 521 E: gbaddour@benchmarkbusiness.com.au
If you'd like to know more about the business go to our website www.benchmarkbusiness.com.au and use the reference: bus4177 to search for the business.
Benchmark Business Sales and Valuations
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