Fully Managed IGA Supermarket + Freehold Property – Millicent, South Australia

21 days ago

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Summary

Achiever Business Brokers is thrilled to present a fantastic opportunity to acquire a high-performing, fully managed IGA supermarket with the option to purchase the freehold property. Located in the h

About the Business

Achiever Business Brokers is thrilled to present a fantastic opportunity to acquire a high-performing, fully managed IGA supermarket with the option to purchase the freehold property. Located in the heart of Millicent on South Australia’s Limestone Coast, this investment combines a successful business operation with additional rental income streams.

Consistent weekly sales | Well-Maintained Supermarket | Regional South Australia opportunity | A simple business model - easy to operate | Freehold Property | Under Management

Key Business Highlights:

- Strong Weekly Sales – Averaging $85,000 to $90,000 per week, demonstrating consistent customer loyalty and demand.

- Fully Managed Operation – Run by a professional manager and supported by a dedicated team of 16 casual staff, covering all aspects of operations: grocery, fresh produce, and customer service.

- Fully Upgraded Equipment – Recently renovated with significant capital investment. Operate seamlessly from day one with no immediate outlay required.

- New Lease Available – Long lease terms are available for the right qualified buyer, providing security and long-term stability.

- Sustainable & Cost-Efficient – Equipped with solar panels, reducing electricity costs and enhancing operational sustainability.

- Convenient Hours – Open 7 days a week from 7:00 am to 8:00 pm, maximising customer convenience and revenue opportunities.

- Exceptional ROI: A recession-proof business with great cash flow and high profitability.

- Community-Centric: Well-loved for its excellent customer service and dedication to supporting local producers, suppliers, and charities.

Freehold Property Highlights:

- Strong Income Profile: Combined annual rental income of $185,000.

- Total Land Area: 4,455 m²*

- Commercial Building: leased to IGA Supermarket, Subway, and a hair salon.

- Residential Property: A 3-bedroom house currently leased, providing additional passive income.

- Ample Parking: Extensive on-site parking is available for customer convenience.

Location:

Millicent, South Australia: A vibrant town known for its natural beauty, community spirit, and gateway to the Limestone Coast’s stunning attractions, including beaches, caves, and conservation parks. Strategically located 50 km from Mount Gambier and 400 km from Adelaide.

Investment Options:

Investor Opportunity: Enjoy strong ROI from a fully managed business and freehold property with stable rental returns.

Owner-Operator Potential: Further increase profitability by reducing wage costs and imp

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