Summary
This supermarket has a $2M+ turnover supermarket and is located in a prime coastal location, fully renovated, with 9 staff, optional freehold, and onsite 2 to 3 bed residence.
About the Business
• Supermarket in coastal location
• Fully renovated store in May 2024
• $2M plus annual turnover
• Optional freehold
• 9 casual staff
IGA Kingston offers a full grocery range including fresh produce, local meats, seafood, and fine foods. The 300m² store was fully renovated in May 2024 with new flooring, shelving, coolrooms, refrigeration, freezer units, and register counters.
The business benefits from strong local and tourist trade, extended trading hours, and a loyal customer base supported by the new IGA Rewards program, and has an annual turnover exceeding $2 million. Supported by 9 casual staff and some vendor involvement, daily operations run efficiently.
An attached 2-3 bedroom residence provides optional on-site accommodation, and the commercial property is available as an optional freehold, giving buyers the flexibility to acquire both the business and premises.
Tony Iasiello 0412 217 608 | Eunice Tan 0435 383 398
RLA 283100
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