Internal Ref: bus6688
Summary
A store managed IGA supermarket in a North Brisbane residential growth corridor, trading seven days a week.
About the Business
BUSINESS SNAPSHOT
- FY2026 Gross Profit: 35.5%
- FY2026 Adjusted Net Profit: 18.9%
- Rent: $13,163.44 per month including outgoings, plus GST (5.0% of sales)
- Lease: Current term to 30 April 2028, with 7 + 5 year options
- Stock at Value: $150,000 (approx.)
KEY FEATURES
- Trading Days: Monday to Friday 6am to 9pm, Saturday and Sunday 7am to 8pm
- IGA banner with national supply, promotional and marketing support
- Store managed, with no owners’ wages in the add backs
- Rent including outgoings at 5.0% of sales and wages excluding owners at 8.2%
- Compact 250 m2 footprint
- Established residential catchment with further housing growth planned nearby
- The Supermarket is only 35 min to Sunshine Coast & 50 Min to Brisbane
IGA North Brisbane has traded from its neighbourhood centre site since 2016 and serves an established residential catchment in a North Brisbane growth corridor.
This supermarket has operated in the same location for 30 years with several upgrades along the way.
WHY THIS BUSINESS
• You step into an established site with a team and roster in place
• You benefit from the IGA banner and its supply and marketing network
• You gain scope to lift earnings through owner operator involvement
• You buy into a residential growth corridor with new housing planned
FOR SALE: $1,695,000 + Stock
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: bus6688 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.
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