IGA MEDINA - WITH 800K PROFITS

13 days ago

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Internal Ref: bus5033

Summary

Price: $1,400,000 + Stock It is not often that a business like this comes on the market. The business enjoys a location which is far enough away to e...

About the Business

Price: $1,400,000 + Stock

It is not often that a business like this comes on the market. The business enjoys a location which is far enough away to enjoy great community support, but also has very limited competition. With sales growing faster than the industry average this business is well placed to continue performing into the future.

This business is well placed to continue the profit results it is achieving. And with customer counts and basket size up year on year this business has the right offer to continue

After 14 years the current owner is looking to move onto to other opportunities and feels that now is the right time to sell their business.

With a good fit out, well planned and laid out store and excellent plant and equipment, this business really has nothing much more to do other than to continue what has been done and bank the profits.

Key Points:

• Partly managed
• Motivated key staff already in place
• Excellent Sales result – year on year growth`
• Enjoys strong community support
• Main Street presence with abundance of parking

Business Snapshot:

- Turnover FY24 $8,348,867.08
- Adjsuted Profit FY24 $830,739.81
- Long Lease in Place
- Limited Competion in the area
- Stock on hand $600,0000
- Metcash approval required
- Metcassh Bond $350,000

FOR SALE : Range $1,400,000 + 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: bus5033 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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