Under Contract
Under Offer
Reference Number: bus4796
12 hours ago
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Managed IGA for Sale NSW Central Coast

Listing Price: $1,850,000 + Stock
New South Wales
Central Coast

Here’s a retail gem tucked away on the Central Coast of NSW. This is an IGA run under management. There’s limited physical input from the owner. And it’s consistently very profitable, year after year.

It’s located in a strip centre and surrounded by a great mix of tenancies. And it has served the current owner very well for the past 20 years.

Over 400 m² of opportunity…

The store features a magnificent fresh offer. And with a range of groceries to suit, this business provides for the needs of the local community. Yet further opportunity abounds.

A major benefit is the experienced team in all departments. The owner’s time is therefore freed up to work on the business, not in it.

Business Snapshot:

Revenue: $6m
Profit: Net Profit in excess of $500,000+
Stock Value: $300k
ROI: 23% p/a
Earning Type: PEBITDA
Earning Type Value: PEBITDA
Current weekly turnover of $130,,000
Gross Profit of 25%
Adjusted Net Profit in excess of $500,000+
Rental of $14,209 per month

The Key Details:

Experienced key staff already in place in all departments
Situated 1½ hours from Sydney
Excellent store layout
Ideal location with great tenant mix in centre
Perfect to run under management or hands-on.
Long lease till 2041

Summary

You could keep expanding the range to grow the business. In fact, there are plenty of new possibilities in store. In other words, there’s over 400 m² of opportunity.

This business is ideal for a hands-on, active owner. Or simply continue running it under management and enjoy the lifestyle associated with owning a money-making machine.

You’ll be hard-pressed to find a business of this calibre on the Central Coast. One that’s so consistent and easy to operate. Priced to sell, this represents an excellent return on investment.

Interested? Reach out to either of the exclusive brokers to find out more about this managed IGA.

FOR SALE: $1,850,000 + Stock

To find out more about this exciting growth and lifestyle opportunity, and further details on the store, please contact:

Mathew Hartley
Business Broker
Supermarket Specialist
Benchmark Business Sales and Valuations
M: 0400 412 593
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: bus4796 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.


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