IGA in Country Town run under management

Located in in regional QLD within 2 hours of Brisbane exists a great opportunity for the savvy retailer.

Currently run under management this IGA is located in town with a population of around 2,000 people and growing. The nearest major competition is 15km away in any direction making this business a local favourite
Located in a small shopping complex which is supported by Doctors, pharmacy and Bottle shop and with lotto installed in the business it has everything the locals need to stay local.

This business is 6 years young and is continuing to be a consistent performer for the owner and with the installation of new solar system the savings in energy are starting to pay dividends.

This business is awaiting the next up and coming retailer ready to take it to the next level or continue as is under management

BUSINESS SNAPSHOT:

- Sales – $4,125,000
- ROI: 33%
- Earning Type: EBITDA
- Earning Type Value: Owner-Operator
- Weekly turnover 23/24- $80,000
- Gross Profit of 25%
- Adjusted Net profit – $400,000+
- Rent $24,800/month + GST

THE KEY DETAILS:

- Run under management
- Motivated key staff already in place
- Only Major store in Town
- Exposure on main road in town
- Excellent location
- Consistently returns profit year on year
- Opportunity to keep expanding range to grow business
- Lotto in place.
- New Solar system installed

The price represents an excellent return on investment.

FOR SALE: $1,290,000.00 + Stock

Contact the exclusive broker:
David Zampech
Benchmark Business Sales & Valuations
M: 0422 671 375
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: bus5693 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