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For Sale
Reference Number: bus5693
2 weeks ago
37 Views

IGA in Country Town run under management

Food/Hospitality
Supermarket
Queensland
Regional Queensland
$990,000.00 + Stock

Located in in regional QLD within 2 hours of Brisbane exists a great opportunity for the savvy retailer.

Business Snapshot:

ROI: 33% p/a
Earning Type: EBITDA
Earning Type Value: EBITDA
Earning Type Value - Operator
Gross Profit of 25%
Weekly Turnover 23/24 - $80,000
Adjusted Net Profit - $400,000.00 +

The Key Details:

Run under management
Motivated key staff already in place
Only major store in town
Opportunity to keep expanding range to grow business.

Summary

Located in in regional QLD within 2 hours of Brisbane exists a great opportunity for the savvy retailer.

Currently run under management this IGA is located in town with a population of around 2,000 people and growing. The nearest major competition is 15km away in any direction making this business a local favourite
Located in a small shopping complex which is supported by Doctors, pharmacy and Bottle shop and with lotto installed in the business it has everything the locals need to stay local.

This business is 6 years young and is continuing to be a consistent performer for the owner and with the installation of new solar system the savings in energy are starting to pay dividends.

This business is awaiting the next up and coming retailer ready to take it to the next level or continue as is under management

BUSINESS SNAPSHOT:

- Sales – $4,125,000
- ROI: 33%
- Earning Type: EBITDA
- Earning Type Value: Owner-Operator
- Weekly turnover 23/24- $80,000
- Gross Profit of 25%
- Adjusted Net profit – $400,000+
- Rent $24,800/month + GST

THE KEY DETAILS:

- Run under management
- Motivated key staff already in place
- Only Major store in Town
- Exposure on main road in town
- Excellent location
- Consistently returns profit year on year
- Opportunity to keep expanding range to grow business
- Lotto in place.
- New Solar system installed

The price represents an excellent return on investment.

FOR SALE: $990,000.00 + Stock

Contact the exclusive broker:
David Zampech
Benchmark Business Sales & Valuations
M: 0422 671 375
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5693 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

IGA in Country Town run under management

Food/Hospitality
Supermarket
Queensland
Regional Queensland
$990,000.00 + Stock

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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