Benchmark-Web-Logo-2024-Black-text
Sold
Reference Number: bus4796
1 month ago
276 Views

Managed IGA for Sale NSW Central Coast

Food/Hospitality
Convenience Store
Supermarket
New South Wales
Central Coast
$1,850,000 + Stock

Here’s a retail gem tucked away on the Central Coast of NSW. This is an IGA run under management. There’s limited physical input from the owner. And it’s consistently very profitable, year after year.

It’s located in a strip centre and surrounded by a great mix of tenancies. And it has served the current owner very well for the past 20 years.

Over 400 m² of opportunity…

The store features a magnificent fresh offer. And with a range of groceries to suit, this business provides for the needs of the local community. Yet further opportunity abounds.

A major benefit is the experienced team in all departments. The owner’s time is therefore freed up to work on the business, not in it.

Business Snapshot:

Revenue: $6m
Profit: Net Profit in excess of $500,000+
Stock Value: $300k
ROI: 23% p/a
Earning Type: PEBITDA
Earning Type Value: PEBITDA
Current weekly turnover of $130,,000
Gross Profit of 25%
Adjusted Net Profit in excess of $500,000+
Rental of $14,209 per month

The Key Details:

Experienced key staff already in place in all departments
Situated 1½ hours from Sydney
Excellent store layout
Ideal location with great tenant mix in centre
Perfect to run under management or hands-on.
Long lease till 2041

Summary

You could keep expanding the range to grow the business. In fact, there are plenty of new possibilities in store. In other words, there’s over 400 m² of opportunity.

This business is ideal for a hands-on, active owner. Or simply continue running it under management and enjoy the lifestyle associated with owning a money-making machine.

You’ll be hard-pressed to find a business of this calibre on the Central Coast. One that’s so consistent and easy to operate. Priced to sell, this represents an excellent return on investment.

Interested? Reach out to either of the exclusive brokers to find out more about this managed IGA.

FOR SALE: $1,850,000 + Stock

To find out more about this exciting growth and lifestyle opportunity, and further details on the store, please contact:

Mathew Hartley
Business Broker
Supermarket Specialist
Benchmark Business Sales and Valuations
M: 0400 412 593
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: bus4796 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

Managed IGA for Sale NSW Central Coast

Food/Hospitality
Convenience Store
Supermarket
New South Wales
Central Coast
$1,850,000 + 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

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!