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Home Business For Sale A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coas
For Sale
Reference Number: bus5586
6 days ago
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A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coas

Food/Hospitality
Supermarket
New South Wales
Regional New South Wales
$2,300,000 + 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 $2,300,000 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 Coas

Food/Hospitality
Supermarket
New South Wales
Regional New South Wales
$2,300,000 + stock at value

Contact Business Broker

Client Testimonials

Melanie made the whole buying process straight forward

Melanie made the whole buying process straight forward and was so calming and approachable. . She was always available to answer my questions and extremely helpful. I highly recommend Melanie. – Gabbi Every (5 Star Google Review)

Melanie Cordony
0417 212 686

Highly recommend Mel

Mel has been fantastic guiding me through the whole process of the sale from start to finish! Would highly recommend her. – 5 Star Google Review

Melanie Cordony
0417 212 686

Clearly explains and patient

Mel was lovely, patient and did all the work and explained everything so I understood it. Very happy. – 5 Star Google Review

Melanie Cordony
0417 212 686

Never missed a detail – Google Review

I can not thank you Glenn Irving and his team at Benchmark enough,they treated me with respect always and never missed a detail ,there were many.I would highly recommended them to handle your business sale .Brilliant. – Chetan

Glenn Irving
0402 754 641

Glenn worked tirelessly to achieve a great sales outcome – Google Review

Glenn Irving from Benchmark Business Brokers worked tirelessly to achieve a great sales outcome for us. Glenn achieved our asking price and made the process as hassle free as possible in what was, at times, a complicated sale. Thanks Glenn – Scott

Glenn Irving
0402 754 641

special thanks to Ian Haggerty for his unwavering involvement

I would just like to say a very big thank you to Benchmark Corporate, but a special thanks to Ian Haggerty for his unwavering involvement, during our recent and very successful sale of my company to a National equipment hire company. The whole process from start to finish was very professional and cordial. Liaising with all stakeholders, […]

Ian Haggerty
0406 661 346

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