For Sale
Reference Number: business4751
1 week ago
11 Views

IGA Supermarket Gold Coast

Listing Price: $1,650,000 + Stock
Queensland
Gold Coast

What an opportunity…. purchase this very desirable IGA Supermarket in a densely populated suburb of the Gold Coast.

This store has been established for over 15 years and is nestled amongst popular eateries with a view to the water.

An abundance of car parking right outside and rear of the store … not to mention the added advantage of many high-rise buildings within walking distance.

This store has now been approved and plans are in place for the purchaser to expand the footprint from 399m2 to just over 600m2.

Profits To Grow Even More!!!

Business Snapshot:

ROI: 32% p/a
Earning Type: EBITDA
Current average weekly sales of $82,500
High gross profit 32%
Store size of 399m²
Monthly rent of $17,777 + GST

The Key Details:

Open 7 days
Strong community support
Management & key staff in place
Semi-Managed
Parking right out the front
The added advantage to expanding the footprint
Lottery outlet already established
Strong Lease with options available

Summary

Expand or keep it as it is, either way, you must check it out. The exclusive broker will be delighted to provide further information, under confidentiality, on this fully managed convenience supermarket. FOR SALE: $1,650,000 + 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

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