About the Business

This partly managed supermarket for sale will impress. It’s bright, modern and full of the features IGA’s are known for.

Well located at the centre of the suburb’s commercial hub, it has no immediate competition. And it enjoys exceptional lease terms.

Now is the time to buy…

Of all the smaller supermarkets for sale currently, this one deserves your attention. Where else would you find a 700 m² store for a monthly rent of just $8,333 (capped) including outgoings? Where most of the plant and equipment is owned by the landlord. Yet, at the end of the lease, ownership will pass to the tenant for the princely sum of $1!

Features of the business:

• Prime location in the commercial hub of the suburb
• Key staff in place
• Currently partly managed
• Strong community support
• No immediate competition.

Snapshot of the business:

• Average weekly sales of $77,312
• Store size of 709 m²
• Very attractive lease terms
• Monthly rent capped at $8,333.

The landlord has recently installed a full solar system so that 40% of the business’s energy requirements are now met from this source. This has resulted in energy savings of $2,000 per month.

You’ll have a good idea how much plant and equipment is required for a supermarket, even a small one. In this case, most of it was supplied by the landlord. Even though the rent is low and cannot be increased during the term of the current lease. And when it does expire in late 2026, it can only be increased by the change in CPI. And remember, ownership of the plant and equipment passes to the tenant for just $1. So now is the time to buy.

You must find out more. The exclusive broker has all the information you need under confidentiality. So reach out to him now. He’ll be delighted to help you acquire this modern IGA supermarket.

FOR SALE : $895,000 + SAV

Contact the exclusive broker:

Mathew Hartley
Supermarket Specialist
Benchmark Business Sales and 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: bus5216 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