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Reference Number: bus5466

1 month ago

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Flourishing Little IGA Supermarket for Sale / Cairns

Listing Price: $850,000 + SAV

Queensland

Regional Queensland

Mathew Hartley See all ads

+610400 412 593

Business Overview

Every square metre of this little supermarket for sale works hard. It’s just 267 m², yet it generates $5 million p.a. in revenue!

That equates to $19,000 per square metre. Well above the industry average. Even the Lotto commission pulls in close to $100,000 each year.

Business Snapshot:

Revenue: Average weekly sales of $97,442

Stock Value: Stock of approx. $150,000

Earning Type: EBITDA

Earning Type Value: Fully Managed

Average weekly sales of $97,442

Store size of 267 m²

Monthly rent of $12,200, less than 3% of sales

Stock of approx. $150,000

The Key Details:

Located in suburban Cairns

In a local centre with off-street parking

Long lease which the landlord is happy to extend

Lotto outlet

Currently under management

Summary

This is ideal as an owner-managed store. That’s because IGA is Australia’s leading independent grocery brand. It offers benefits no other brand can deliver.

You’ll be supported at all levels. And you’ll have a long-standing and growing brand as your foundation for success. You’ll be your own boss. Yet have all the support needed to ensure a bright future.

The exclusive broker has all the details. The easiest way to get in touch is to click on the Confidentiality Deed icon and follow the prompts. He’ll respond and provide further information about this flourishing little IGA supermarket.

FOR SALE: $850,000 + SAV

Contact the exclusive broker:

Mathew Hartley
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: bus5466 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

Mathew Hartley See all ads

+610400 412 593

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