Home Business For Sale One-of-a-Kind IGA Supermarket for Sale / Gold Coast
For Sale
Reference Number: bus5783
1 week ago
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One-of-a-Kind IGA Supermarket for Sale / Gold Coast

Listing Price: $1,595,000.00 + SAV
Queensland
Gold Coast

This is not just any old IGA supermarket for sale in a busy local centre. It enjoys certain advantages not available to most. Read on to find out how, as the new owner, you’ll benefit.

Business Snapshot:

Earning Type: EBITDA

Summary

It performs consistently well under part management. The current owner works just 20 hours each week. An investor will earn a healthy return. Or a full time working owner will find it even more financial rewarding.
Consider the features…

Snapshot of the business:
• Average weekly sales $89,000
• Earnings Type: EBITDA
• Store size 450m²
• Lease to 31/12/27 plus 3 x 5 year options
• Monthly rent of $14,119 + outgoings
• Stock of $200,000

Features of the business:
• Branded IGA Local Grocer
• Prominent location in busy local shopping centre
• Recent significant capital expenditure
• Exclusivity deal for tobacco products
• Golden Casket outlet
• Healthy GP%

The landlord has made a significant investment in solar energy. As a tenant, the supermarket enjoys a very significant discount on charges for electricity. This will continue for the term of the lease. There’s also a commitment by the landlord to exclude any other tenant in the centre from selling tobacco products. With no other retailers beyond the centre in the immediate catchment, this is a highly beneficial provision in the lease.
Find out more. We’ve made it easy. Simply click on the Confidentiality Deed or Enquire icon. Complete your contact details, sign and click ‘submit’. The broker will be in touch. He’ll be pleased to assist by providing further information about this one-of-a-kind IGA supermarket.


FOR SALE: $1,595,000.00 + SAV

Contact the exclusive broker:
Mathew Hartley
Benchmark Business Sales & 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: bus5783 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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