This IGA supermarket in the Southern end of the Gold Coast offers a prime business opportunity. The business is situated on a major, high-visibility road and is the anchor tenant in the centre. With a spacious premise of 475 m², the supermarket is well-presented and fully managed, making it an ideal investment for those seeking a profitable and streamlined operation.
The supermarket boasts an average weekly revenue of $110,000 and a normalised profit of nearly $800,000 for FY2024, indicating robust financial health. It operates on an EBITDA earnings type, ensuring transparency in profitability. The monthly rent is $15,352 plus outgoings and GST, with a stock value of approximately $250,000. The business has a long lease with options to renew, ensuring stability for the future owner.
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