Price: $2,500,000 including Stock
Featuring growth in both sales and profit, this IGA supermarket for sale presents a rare opportunity.
This business has successfully tapped into the local market. Because the store enjoys strong community support.
It’s not often that a business like this comes on the market. This IGA enjoys a location in a beautiful part of the state. With sales growing faster than the industry average, it’s well-placed to continue performing into the future.
Key indicators just keep getting better…
The business is enjoying 5.5% growth on last year, even after the main Covid surge, and continues to punch well above its weight.
It’s also well placed to continue the profit results it’s achieving. Both customer count and basket size are up year-on-year. So this business obviously has the right offering to continue kicking goals.
As the new owner, you’ll have nothing more to do. It’s a well-planned and laid- out store with an excellent fit-out. All plant and equipment is in very good condition. So, just continue what’s been done. And bank the profits.
Key Points:
The business is to be sold as a share sale transaction.
• Partly managed
• Motivated key staff already in place
• Excellent sales results – over 4,000 transaction per week (including Uber Eat and Menulog)
• Enjoys strong community support
• Store size exceeds 1,000 m² and rent just a tick over 2.5% of turnover
• Average weekly sales of $180,190,
• FY2022 Gross Profit of $1.6 million.
The store enjoys a main street presence and a high profile. And, for the convenience of customers, there’s an abundance of parking.
But, most importantly, key indicators just keep getting better.
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 WIWO
For further information on this opportunity, please contact:
Bud Baddour
Senior Business Broker
Benchmark Business and Valuations
M: 0413 403 545
E: gbaddour@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:
bus4792 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