IGA Sunshine Coast is a well-established independently branded supermarket operating on the Sunshine Coast. The store trades seven days a week from 5am to 10pm, delivering strong weekly turnover to a loyal residential and visitor catchment.
Current annualised sales sit at $5,685,959, with weekly average sales of $109,345 and adjusted net profit of $376,508 (6.6% of sales). The business has shown a clear improving trend, with gross profit margin lifting from 25.1% to 30.6% over the past three years. The store is currently store managed, with the owner working approximately 10 hours per week on the business rather than in it, providing a clean handover structure for an incoming owner-operator or investor.
Reference Number: bus6532
Reference Number: bus6532