About the Business

Business Overview
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:
• Average weekly revenue of $110,000
• Improving GP %
• FY2024 normalised profit of almost $800,000
• Earning type: EBITDA
• Monthly rent of $15,352 + outgoings + GST
• Stock of circa $250,000.

Key Considerations
• High Visibility: Located on a major road, attracting significant foot traffic.
• Premises Size: 475 m², providing ample space for operations and customer convenience.
• Long Lease: Secure lease terms with options to extend.
• 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.

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 $1,800,000 plus stock, this supermarket represents a sound investment for prospective buyers seeking a stable and profitable venture.

FOR SALE: $1,800,000 + Stock

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: bus5586 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