BUSY IGA IN PERTHS NORTHERN SUBURBS

29 days ago

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Internal Ref: bus6200

Summary

Located just one hour north of Perth in the thriving coastal community of Two Rocks, this well-established IGA has been serving local residents for mo...

About the Business

Located just one hour north of Perth in the thriving coastal community of Two Rocks, this well-established IGA has been serving local residents for more than 20 years and remains a cornerstone of the community.

Despite the recent opening of a nearby Woolworths, the store has demonstrated remarkable resilience, with sales impacted by only approximately 20%. This is a testament to the strong loyalty of the local customer base and the store's reputation for exceptional service, convenience, and product range.

A key point of difference is the extensive selection of products not available through Woolworths, giving customers compelling reasons to continue shopping locally and supporting the store's strong market position.

With the current owners now looking towards retirement after successfully operating the business since 2011, an outstanding opportunity exists for a new owner to acquire a proven supermarket business with consistent sales, experienced staff, and a loyal customer following.

If you have relevant retail experience and the financial capacity to proceed, contact exclusive broker Sam Craven today for further information.

Key Business Information:
- FY25 Turnover: $10,647,360
- Current owner since 2011
- Established local IGA trading for over 20 years
- Located within a busy coastal town shopping complex
- Strong community support and loyal customer base
- Woolworths recently opened nearby, with sales impacted by only approximately 20%
- Extensive range of specialty and local products not available through Woolworths
- Consistent sales performance with further opportunities for growth
- Current lease secured through to 2032
- Fully trained and experienced staff in place
- Metcash bond required: $200,000
- Generous handover period included
- Stock on hand approximately $500,000
- Owners motivated to sell due to retirement

FOR SALE: $1,500,000.00 + Stock

Contact the exclusive broker:
Sam Craven
Benchmark Business Sales & Valuations
M: 0478 832 601
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: bus6200 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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