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3 days ago

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For Sale: Vibrant IGA Supermarket on the Sunshine Coast

Listing Price: $2,350,000 + Stock

Queensland

Sunshine Coast

Mathew Hartley See all ads

+610400 412 593

Business Overview

Nestled in the heart of a thriving Sunshine Coast suburb, this modern IGA supermarket boasts not only a prime location on a busy main road but also an impressive growth trajectory. A mere few years since its inception, the store has rapidly cemented its place in the hearts of the local community.

Highlights:

Stellar Performance: Achieved over a third increase in FY2021 revenue compared to its predecessor, indicating strong local endorsement.

Business Snapshot:

Revenue: Weekly Average sales $135,000

ROI: 28% p/a

Earning Type: EBITDA

Weekly sales averaging at $135,000

Consistent gross profit at around 28%

Sprawling across an approx. 800 m² retail space

Monthly rent and outgoings amounting to $24,649 + GST

The Key Details:

Dedicated and motivated staff.

A secured long-term lease with favourable options

Overwhelming community support

Convenient customer parking at both the front and rear

A fresh fit-out that mirrors its contemporary ethos

A hands-free investment, with full management in place

Summary

With doors open from 6 AM to 10 PM daily, the supermarket showcases a well-orchestrated layout abundant in local produce, creating a delightful shopping ambiance. The product assortment is thoughtfully curated, aligning seamlessly with the preferences of its neighborhood.

Investment Details:
Asking Price: $2,350,000 + Stock

Interested? Let's Dive Deeper:

Reach out to our exclusive broker for a detailed insight into this promising venture:

Mathew Hartley
Supermarket Specialist
Benchmark Business Sales and Valuations
M: 0400 412 593
T: 1300 366 521

Note: Potential buyers are urged to ensure their financial readiness and perform their own due diligence before taking forward their interest.

Mathew Hartley See all ads

+610400 412 593

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