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
1 week 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

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.

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