Currently under management, this will make a savvy investment. An owner operator will make an even bigger profit!
It's well established. Yet 2024 revenue was up more than 10% on the previous year. And profit was up a massive 26%!
Features of the business:
Anchor tenant in local shopping centre
Smart, well-presented premises
Large and growing catchment
Long lease with 3 x 5 year options
All key staff in place
Currently limited owner involvement.
Snapshot of the business:
Average weekly sales of $120,000
Gross Profit of 28%
Net Profit exceeded 10% of revenue in FY2024
Premises of 330 m²
Monthly rent of $18,144 + GST
Stock valued at $300,000.
Overview:
The major chains are already established in the region. And IGA has developed strong branding and a commitment to the local community. It's a message which resonates with the market. So this store generates annual revenue of $6 million. Making it a savvy investment. Of course, an owner operator will save on management payroll. And make an even better return.
Find out more.
It's easy. Just click on the Confidentiality Deed or Enquire icon. Complete your contact details, sign and submit. The exclusive broker and supermarket specialist will be in touch. He can't wait to assist you in acquiring this highly profitable IGA Local Grocer.
FOR SALE: $2,000,000.00 + SAV
Contact the exclusive broker:
Damien Bussey
Benchmark Business Sales & Valuations
M: 0478 775 508
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: bus6063 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
