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Home Business For Sale A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coast. It has high Revenue and a prime Location

For Sale

Reference Number: bus5586

3 weeks ago

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A fully managed IGA Supermarket is for Sale at the southern end of the Gold Coast. It has high Revenue and a prime Location

Listing Price: $2,700,000 + stock at value

New South Wales

Regional New South Wales

Mathew Hartley See all ads

+610400 412 593

Business Overview

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.

Business Snapshot:

Revenue: Average weekly revenue of $110,000

Profit: FY2024 normalised profit of almost $800,000

Stock Value: circa $250,000

Earning Type: EBITDA

Earning Type Value: EBITDA

Monthly rent of $15,352 + outgoings + GST

Improving GP %

Premises Size: 475 m², providing ample space for operations and customer convenience

Long Lease: Secure lease terms with options to extend

The Key Details:

High Visibility: Located on a major road, attracting significant foot traffic

Premises Size: 475 m², providing ample space for operations and customer convenience

Lotto Outlet: Additional revenue stream from lotto sales

Fully Managed: Operates with a competent management team, reducing the need for owner intervention

Well-Presented: Maintained to high standards, enhancing customer experience

Summary

This fully managed IGA supermarket in the Southern end of the Gold Coast is an excellent investment opportunity with solid financial performance and key strategic advantages. The business is positioned for continued profitability with its high visibility, extensive premises, and additional revenue streams.

Priced at $2,700,000 plus stock at value, this supermarket represents a sound investment for prospective buyers seeking a stable and profitable venture.

Mathew Hartley See all ads

+610400 412 593

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