This large IGA supermarket for sale dominates the mall where it’s the major tenant. There’s no major competition. Increasing turnover and a healthy GP% are also positive metrics. So yes, it’s thriving.
Snapshot of the business:
• Average weekly revenue of $136,000
• Healthy GP%
• Annual Net Profit in excess of $700,000
• Premises include 580 m² retail space
• Monthly rent of $16,438 + GST
• Stock of up to $350,000.
This supermarket for sale has been part of the local community for decades. So it has a strong following, borne out by the numbers. A lot of money has been spent on it in recent years so there’s no other capital commitments required. The lease is secure and there’s no threat of competition from the majors. They’re already established further along the coast.
The business has been successfully operated by the vendor. And it will certainly appeal to another owner/operator. Yet it’s big enough to support full management. An investor will make an attractive return.
Like to find out more?
It’s easy. Just click on the Confidentiality Deed or Enquire icon. Complete your contact details, sign and submit. The exclusive broker will be in touch. He’s looking forward to assisting you to acquire this thriving IGA supermarket.
FOR SALE: $3,700,000 + SAV
Contact the exclusive broker:
Damien Bussey
Benchmark Business Sales and Valuations
M: 0478 775 508
T: 1300 366 521
E:
[email protected]If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au
and use the reference: bus6114 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.
