About the Business

Newly refurbished. Brilliant location. High GP %. Appealing return on investment. Attractive in so many ways.

Expect further growth…

Located in Australia’s year-round playground, this IGA supermarket for sale couldn’t be better positioned. And, the timing for you to acquire it couldn’t be more perfect. Recently refurbished, it features a fresh, spacious layout. The opportunity to include a new Lotto outlet will enhance it further. An outlet from which you’ll earn all the benefits. Other opportunities could include a Gourmet deli range, growing the international grocery range and lots more.

With hundreds of self-catering apartments in the immediate neighbourhood, tourists make up the largest market. So margins are above the industry average.

Key features include:

• Experienced key staff already in place in all departments
• Situated on Queensland’s Gold Coast
• Excellent store layout with 620m² shop and storage
• Ideal location with passing trade
• Perfect to run under management or hands-on, and
• Newly refurbished.

Business snapshot:

• Average weekly sales in FY24 $55,000
• Gross profit of just over 40%
• Annualized Net Profit in FY23 $400,000
• Long, seven-year lease with 2 x 5-year options, and
• Rental of $24,391.40 + GST per month.

Sales and net profit are growing. Yet there’s plenty of room to expand the offering. So you can expect further growth.

You should find out more. Click on the Confidentiality Deed link and the exclusive broker will get in touch. Or reach out to him via one of the below contacts. He’s standing by to answer all your questions about this attractive IGA supermarket.

FOR SALE: All Reasonable Offers Will Be Considered

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

REIQ BUSINESS BROKER OF THE YEAR 2017

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: business4827 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