Thriving IGA Supermarket for Sale / North Queensland

18 days ago

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Internal Ref: bus5439

Summary

This supermarket is smashing it! There’s no competition. So, each square metre of floor space earns more than $21,000 p.a. That’s well above the...

About the Business

This supermarket is smashing it! There’s no competition. So, each square metre of floor space earns more than $21,000 p.a.

That’s well above the industry average.

It’s fully managed. So it will be a stunning addition to any investment portfolio.

Features of the Business:
• Well established
• Captive market
• No prospect of competition
• Holiday hotspot
• Long lease
• Fully managed.

Snapshot of the Business:
• Annual revenue exceeds $15 million
• Adjusted Net Profit exceeds $2 million
• Store size of 700 m²
• Monthly rent, incl. outgoings, of $31,218 + GST
• The stock of approx. $700,000.

This supermarket occupies a prime site. All visitors to the area must pass the doors. Together with the growing permanent population, they provide a captive market for essential needs. No wonder it’s smashing it!

Looking to add to your portfolio? This supermarket for sale is worth your inspection. Contact the exclusive broker for details. He’ll be delighted to provide further information about this thriving supermarket.

FOR SALE: $9,000,000 + SAV

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: bus5439 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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