For Sale
Reference Number: bus5994
1 week ago
30 Views

Niche IGA Supermarket for Sale / Gold Coast

Listing Price: $795,000.00 + SAV
Queensland
Gold Coast

This IGA supermarket has successfully tailored its offering to suit the specific needs of its market. It’s created a range of convenience foods customers love.

Business Snapshot:

Earning Type: EBITDA

Summary

The combination of attractive offerings and competitive pricing has given it the edge. Now you can take over and reap the benefits.

Features of the business:
• Established for nearly 20 years
• Pivoted the range to meet customers’ needs
• Successful takeaway trade
• Serving barista coffee and freshly squeezed juice
• Lotto outlet and ATM
• Currently semi-managed.

Snapshot of the business:
• Very consistent turnover circa $3.75 million
• Competitively priced yet healthy GP %
• Shop and stock room total 400 m²
• Rent of $14,385 + GST per month
• Eight years remaining on lease
• Return on investment of 40%.

Overview:
Over the last year, the vendors have undertaken a discreet but effective shift in the product mix. Recognising the needs of the market and with assistance from the wholesaler, prices have been sharpened. The product mix has pivoted too. There’s now a substantial offer of paninis, rolls, and bagels made fresh every day. Products not available at major supermarkets.

Freshly squeezed orange juice introduced this year proved an instant hit and Barista coffee is being add to the mix. Many customers are time poor and seek convenience meals. A large range of ready-made meals, energy drinks, iced coffees, chips and other snacks are much sought after.

Want to know more? It’s easy. Simply click on the Confidentiality Deed or Enquire icon. Complete your contact details, sign and submit. The exclusive broker will be in touch. He’ll be happy to help you acquire this niche IGA supermarket.


FOR SALE: $795,000.00 + SAV

Contact the exclusive broker:
Mathew Hartley
Benchmark Business Sales & 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: bus5994 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

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