Highly Profitable IGA Local Grocer for Sale /NSW Central Coast

Yesterday, 6:06pm

Send an enquiry

By clicking on Send you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.
 

Internal Ref: bus6063

Summary

Currently under management, this will make a savvy investment. An owner operator will make an even bigger profit! It’s well established. Yet 2024 ...

About the Business

Currently under management, this will make a savvy investment. An owner operator will make an even bigger profit!

It’s well established. Yet 2024 revenue was up more than 10% on the previous year. And profit was up a massive 26%!


Features of the business:
• Anchor tenant in local shopping centre
• Smart, well-presented premises
• Large and growing catchment
• Long lease with 3 x 5 year options
• All key staff in place
• Currently limited owner involvement.

Snapshot of the business:
• Average weekly sales of $120,000
• Gross Profit of 28%
• Net Profit exceeded 10% of revenue in FY2024
• Premises of 330 m²
• Monthly rent of $18,144 + GST
• Stock valued at $300,000.

Overview:
The major chains are already established in the region. And IGA has developed strong branding and a commitment to the local community. It’s a message which resonates with the market. So this store generates annual revenue of $6 million. Making it a savvy investment. Of course, an owner operator will save on management payroll. And make an even better return.
Find out more.

It’s easy. Just click on the Confidentiality Deed or Enquire icon. Complete your contact details, sign and submit. The exclusive broker and supermarket specialist will be in touch. He can’t wait to assist you in acquiring this highly profitable IGA Local Grocer.


FOR SALE: $2,000,000.00 + SAV

Contact the exclusive broker:
Damien Bussey
Benchmark Business Sales & Valuations
M: 0478 775 508
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: bus6063 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

Share this business

More by this Advertiser
It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again

Share this Ad


Cancel

Report this Ad


Cancel

Get email recommendation

Sign up and we'll send business opportunities straight to your inbox.

Please enter a valid email
By clicking on Submit you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.

We have sent an email to .
Click the link in the email to confirm your email and set your preferences.