Home Business For Sale IGA Supermarket for Sale with Excellent Sales and Profit Growth – WA
Under Contract
Under Offer
Reference Number: bus4792
3 weeks ago
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IGA Supermarket for Sale with Excellent Sales and Profit Growth – WA

Listing Price: UNDER OFFER
Western Australia
Perth - Greater

Featuring growth in both sales and profit, this IGA supermarket for sale presents a rare opportunity.

This business has successfully tapped into the local market. Because the store enjoys strong community support.

It’s not often that a business like this comes on the market. This IGA enjoys a location in a beautiful part of the state. With sales growing faster than the industry average, it’s well-placed to continue performing into the future.

Key indicators just keep getting better…

The business is enjoying 5.5% growth last year, even after the main Covid surge, and continues to punch well above its weight.

It’s also well placed to continue the profit results it’s achieving. Both customer count and basket size are up year-on-year. So this business obviously has the right offering to continue kicking goals.

As the new owner, you’ll have nothing more to do. It’s a well-planned and laid- out store with an excellent fit-out. All plant and equipment is in very good condition. So, just continue what’s been done. And bank the profits.

Business Snapshot:

Profit: $1.6 million
Earning Type: EBITDA
Store size exceeds 1,000 m²
Rent just a tick over 2.5% of turnover
Average weekly sales of $180,190
FY2022 Gross Profit of $1.6 million

The Key Details:

The business is to be sold as a share sale transaction.
Partly managed
Motivated key staff already in place
Excellent sales results – over 4,000 transaction per week (including Uber Eat and Menulog)
Enjoys strong community support
The store enjoys a main street presence and a high profile
For the convenience of customers, there’s an abundance of parking

Summary

But, most importantly, key indicators just keep getting better.

There’s a lot more to find out under confidentiality. So get in touch with the exclusive broker. He’ll be delighted to assist you to acquire this high-performing IGA supermarket.

FOR SALE: $2,500,000 WIWO

For further information on this opportunity, please contact:

Sam Craven
Benchmark Business Sales & Valuations
M: 0478 832 601
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: bus4792 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

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