Hot

Smartly Presented IGA Supermarket for Sale / Sunshine Coast

This semi-managed supermarket for sale has all the hallmarks of a modern IGA.  It was rebranded and refurbished in 2021. 

Since rebranding, this store has enjoyed significant sales growth.  The introduction of new and exciting lines and its fresh, new look have all contributed.

Growing every year…

Located in a busy strip of shops meeting all the needs of locals and tourists alike, this busy IGA supermarket for sale looks a treat.  And the financials look equally attractive!

It features an extensive Deli, Hot Box and fresh food section just inside the store.  And all the other hallmarks of a modern IGA.

Key features of the business:

·       Open 7 days, 6 am – 8 pm

·       Strong community support

·       Key staff in place

·       Semi-managed, and

·       High-quality fittings throughout.

Snapshot of the business:

·       Weekly Average  sales of $85,000 +

·       High gross profit. 30% +

·       Store size of 527 m²

·       Monthly rent of $16,239+ GST, and

·       Long Lease with 3 x 5-year options.

    Adjusted Net Profit $520,000 + 21/22 Financials

Sales are showing substantial growth, week on week.  And that’s set to continue with the area enjoying sustained population growth.  As more and more new residents move into the high density high rises and suburban streets, local businesses prosper.

The financials tell the story.  Rebranding was the best thing to have happened to this supermarket.  A visit will confirm.  An inspection of the books will convince.

Find out more.  Reach out to the exclusive broker.  Under confidentiality, he’ll be pleased to provide you with all you need to know about this beautifully-presented IGA supermarket.

FOR SALE:  $1,595,000 + SAV

Contact the exclusive broker:

Mathew Hartley

Supermarket Specialist

Benchmark Business Sales and Valuations

M:        0400 412 593

T:         1300 366 521

E:         mathew@benchmarkbusiness.com.au

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au

and use the reference: bus4353 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

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

Benchmark Business Sales and Valuations

Business Categories: Retail, take away, produce


Submit Confidentiality
Agreement

     Status
Hot

     ROI
33%

     Annual Revenue
$4.5 million

     Listing Price
$1,595,000 + SAV

     Location
QLD

     Industry
Food/Beverage

     Earning Type
EBITDA

     Years Trading
n/a

     Stock Level
$200k

     Reference Number
bus4353





Mathew Hartley

Business Broker

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