About the Business

Here’s a large IGA for sale in an area undergoing huge residential development—one of the new breeds of IGAs, this supermarket has it all.

In this area, it’s the big player. Coles and Woolworths both have limited range stores, so they don’t pose a threat. Sales and profit are therefore high. And with all the new residential still under construction, the only way is up.

Features of the business:

• Open 7 days until late
• Key staff and management are in place
• Refurbished and expanded recently
• International/Continental products available
• Community and surrounding products stocked
• Lotto outlet
• Situated in a high-growth area.

Snapshot of the business:

• Average weekly sales of $157,000
• Gross Profit of 30.8%
• Store size of >1,000 m²
• Lease to 2034 + 2x5 year options
• Monthly rent includes all outgoings & waste removal
• Stock of $650,000.

Overview:

This IGA supermarket for sale could remain owner-operated. However, it’s well-suited to complete management. At almost 10% of revenue, Net Profit is high by industry standards. It’s very smartly presented, with a highly popular deli… even a patisserie! Altogether a fresh take on what an urban supermarket can be: a hub for the local community.
Like to know more?

We’ve made it easy to find out more…

Simply click on the Confidentiality Agreement or Enquire icon. Complete your contact details, sign and submit. That’s it! The exclusive broker and supermarket specialist will be in touch. He’s standing by to provide more information about this big, bustling IGA supermarket.



FOR SALE: $3,349,000.00 + 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: bus6247 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