Home Business For Sale Established IGA Supermarket | $5.68M Annualised Turnover | $376K Adjusted Profit | Sunshine Coast Growth Corridor
Just Listed
Reference Number: bus6532
13 hours ago
5 Views

Established IGA Supermarket | $5.68M Annualised Turnover | $376K Adjusted Profit | Sunshine Coast Growth Corridor

Queensland
Sunshine Coast
$1,395,000

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

Business Snapshot:

Earning Type: EBITDA
Earning Type Value: n/a

Summary

KEY FEATURES

• Recognised IGA brand with national supply chain, marketing support and promotional programmes
• Current annualised turnover of $5,685,959, with weekly average sales of $109,345
• Improving financial trajectory, with gross profit margin lifting from 25.1% to 30.6% over three years
• Adjusted net profit of $376,508, representing 6.6% of sales
• Secure lease to 30 June 2027 with 2 x 5 year further options
• Long trading hours 5am to 10pm seven days capturing commuter, hospitality and late trade
• Store managed model with owner working only 10 hours per week, offering a clean transition for an incoming owner
• Positioned in the Sunshine Coast's primary commercial and residential hub

WHY THIS BUSINESS

• You step into an established IGA with strong current trading and a clear upward profit trend
• You acquire annualised adjusted earnings of $376,508 with a long secure lease in place
• You benefit from a recognised national brand and its supply and marketing infrastructure
• You capture long trading hours and a high-density Sunshine Coast catchment
• You gain a store managed business with established team and systems already in place
• You access significant upside through direct owner-operator engagement and category development

FOR SALE: $1,395,000

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: bus6532 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
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

Established IGA Supermarket | $5.68M Annualised Turnover | $376K Adjusted Profit | Sunshine Coast Growth Corridor

Queensland
Sunshine Coast
$1,395,000

Contact Business Broker

Client Testimonials

“Tu Nguyen is an exceptional business broker!”

M. Richardson , 13 Dec 2018 “Tu is an exceptional broker. Tu earned every bit of his commission! His dedication to clients and communication is better than any other broker i have dealt with in the past (and I have dealt with plenty!) M. Richardson Tu Nguyen receives another Benchmark Business Sales Review. Tu has worked […]

Tu Nguyen
0401 260 154

“Tu Nguyen has sold 2 businesses with us within the past 12 months!”

Thomas & Cherie , 16 Jan 2019 “We highly recommend Tu Nguyen as a business broker– he sold 2 businesses for us in the past 12 months. We have found Tu to be professional and honest. He is also very proactive and easy to contact. We could not happier with outcomes Tu achieved for us.” Thomas & Cherie, […]

Tu Nguyen
0401 260 154

“We engaged the Business Broker Tu Nguyen to sell our Pizza Hut store and he got us to the finish line.”

Nizar Ali , 03 Apr 2019 “We engaged the Business Broker Tu Nguyen from Benchmark Business Sales to sell our Pizza Hut store and he got us to the finish line. Tu Nguyen did an excellent job for us. The level of communication and dedication in getting the sale across the line was first class and […]

Tu Nguyen
0401 260 154

I highly recommend Jacob in the Service station business.

Jacob is very professional and knowledgeable. He was very transparent and helped us in understanding each and every aspect of Business buying. He helped us throughout the process and was always available even for our smallest query. Buying a Service station through him was a pleasant experience. We wish him all the best for his […]

Jacob Reeson
0432 906 946

Excellent service and help from Jacob

Excellent service and help from Jacob in purchasing service station business. I would recommend Jacob to any Looking to buy or sale service station. Ramesh Get to know more about Jacob Reeson and his accomplishments by clicking the “View Profile” button below. Additionally, you can read other Benchmark Business Sales Testimonials from the “Broker” […]

Jacob Reeson
0432 906 946

Totally impressed with what Lincoln Bridge achieved for me

Lincoln’s professionalism and experience is very apparent and he secured an excellent and qualified buyer. The buyer’s process was a little unusual and a bit daunting, however Lincoln displayed commitment, understanding, and readily assisted me with lease negotiations with the existing tenant to ensure that I achieved the best sale price. With his guidance and […]

Lincoln Bridge
0424 370 025

Get engaged!

Stay ahead of the curve with our weekly subscription to new businesses for sale! Get the latest opportunities delivered straight to your inbox, ensuring you never miss out on a potential business opportunity by being the first to know about it. Regular updates on new business opportunities will keep you informed about the market’s freshest offerings. Sign up now to keep your finger on the pulse.

We have six offices in five states, and over 50 plus specialised, qualified business brokers on our team

Business Brokers Gold Coast

178 Ashmore Rd,
Benowa QLD 4217

Business Brokers Brisbane

1015 Wynnum Rd,
Cannon Hill QLD 4170

Business Brokers Perth

7/8 Clive St
West Perth WA 6005

Business Brokers Melbourne

80 Market St,
South Melbourne VIC 3205

Business Brokers Adelaide

24/213 B26,
Eastwood SA 5063

Business Brokers Sydney

5 Alexander St,
Crows Nest NSW 2065

© 2024 Benchmark Business Sales and Valuations. All rights reserved.

Signup to our weekly subscription to new listings!