Benchmark-Web-Logo-2024-Black-text
Home Business For Sale A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coast. It has high Revenue and a prime Location
For Sale
Reference Number: bus5586
3 weeks ago
245 Views

A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coast. It has high Revenue and a prime Location

Food/Hospitality
Supermarket
New South Wales
Regional New South Wales
$2,700,000 + stock at value

This IGA supermarket in the Southern end of the Gold Coast offers a prime business opportunity. The business is situated on a major, high-visibility road and is the anchor tenant in the centre. With a spacious premise of 475 m², the supermarket is well-presented and fully managed, making it an ideal investment for those seeking a profitable and streamlined operation.

The supermarket boasts an average weekly revenue of $110,000 and a normalised profit of nearly $800,000 for FY2024, indicating robust financial health. It operates on an EBITDA earnings type, ensuring transparency in profitability. The monthly rent is $15,352 plus outgoings and GST, with a stock value of approximately $250,000. The business has a long lease with options to renew, ensuring stability for the future owner.

Business Snapshot:

Revenue: Average weekly revenue of $110,000
Profit: FY2024 normalised profit of almost $800,000
Stock Value: circa $250,000
Earning Type: EBITDA
Earning Type Value: EBITDA
Monthly rent of $15,352 + outgoings + GST
Improving GP %
Premises Size: 475 m², providing ample space for operations and customer convenience
Long Lease: Secure lease terms with options to extend

The Key Details:

High Visibility: Located on a major road, attracting significant foot traffic
Premises Size: 475 m², providing ample space for operations and customer convenience
Lotto Outlet: Additional revenue stream from lotto sales
Fully Managed: Operates with a competent management team, reducing the need for owner intervention
Well-Presented: Maintained to high standards, enhancing customer experience

Summary

This fully managed IGA supermarket in the Southern end of the Gold Coast is an excellent investment opportunity with solid financial performance and key strategic advantages. The business is positioned for continued profitability with its high visibility, extensive premises, and additional revenue streams.

Priced at $2,700,000 plus stock at value, this supermarket represents a sound investment for prospective buyers seeking a stable and profitable venture.

A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coast. It has high Revenue and a prime Location

Food/Hospitality
Supermarket
New South Wales
Regional New South Wales
$2,700,000 + stock at value

Contact Business Broker

Client Testimonials

We can not recommend Jacob highly enough

It gives great pleasure to write this testimonial in relation to the service that you provided as the broker acting on our behalf during the sale of our business. Jacob Reeson proved to be a very capable and knowledgeable person in his position of sales broker for the sale of our business. He was always available […]

Jacob Reeson
0432 906 946

Jacob was extremely helpful and knowledgeable

Jacob was extremely helpful and knowledgeable throughout the entire sale process. He always returned my enquiries as soon as he could. He always remained calm and offered sound advice whenever an issue arose.

Jacob Reeson
0432 906 946

I recently bought a hair salon through Mel & I honestly can’t rave enough about her

I recently bought a hair salon through Mel & I honestly can’t rave enough about her!!! Her knowledge and skills far exceeded any expectation I had. Mel’s warm and caring personality as well as her willingness to go the extra mile for people is exceptional. I HIGHLY recommend anyone who is looking for a personable, […]

Melanie Cordony
0417 212 686

“We would highly recommend Tu Nguyen and Benchmark Business Sales & Valuations to get the job done.”

This was the first time we bought a business in Australia having own numerous businesses back home. We enquired through Benchmark Business Sales & Valuations about a retail Fruit & Vegies business offered for sale. From the time we had spoken with Tu, he was very informative and knowledgeable about the business he was selling […]

Tu Nguyen
0401 260 154

Thank you Jacob Your negotiation skill with the sale of Puma Nerang was impressive to say the least.

Thank you Jacob Your negotiation skill with the sale of Puma Nerang was impressive to say the least. The sale was a 3 way tussle between the Buyer, Seller and Landlord and multiple (including interstate) Solicitors, Jacob handled it with calm expertise. Jacob even earned the respect of my solicitors for the way he negotiated […]

Jacob Reeson
0432 906 946

I would recommend Jacob to any company that is considering buying or selling a business.

Benchmark Business Brokers has acted as our Business Brokers for a number of Service Station transactions over the past 20 years. We have found Benchmark has always acted fair and reasonable for both parties in the transaction and I would recommend Jacob to any company that is considering buying or selling a business. Michael Carr

Jacob Reeson
0432 906 946

Get engaged!

Stay ahead of the curve with our weekly subscription to new businesses for sale! Get the latest opportunities delivered straight to your inbox, ensuring you never miss out on a potential business opportunity by being the first to know about it. Regular updates on new business opportunities will keep you informed about the market’s freshest offerings. Sign up now to keep your finger on the pulse.

We have six offices in five states, and over 50 plus specialised, qualified business brokers on our team

Gold Coast Office
166 Ashmore Rd,
Benowa QLD 4217
Brisbane Office
1015 Wynnum Rd,
Cannon Hill QLD 4170
Perth Office
7/8 Clive St
West Perth WA 6005
Melbourne Office
80 Market St,
South Melbourne VIC 3205
Adelaide Office
24/213 B26,
Eastwood SA 5063
Sydney Office
5 Alexander St,
Crows Nest NSW 2065
© 2024 Benchmark Business Sales and Valuations. All rights reserved.

Signup to our weekly subscription to new listings!