Home Business For Sale Newly renovated IGA near Sunshine Coast with BIG Profits
For Sale
Reference Number: bus5507
3 weeks ago
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Newly renovated IGA near Sunshine Coast with BIG Profits

Food/Hospitality
Supermarket
Queensland
Gold Coast
$1,950,000 + Stock

This newly renovated IGA Located near the Sunshine Coast this well managed and run IGA supermarket in a town of over 4,000 people is the definition of keeping it local.

The owners are looking for a sea change and are selling their very profitable business that has been very successful for them as well as the local community.

This Business has just received over $300,000 makeover with new fixtures, refrigeration, and flooring throughout and the customers love it.

The centre has all the main tenants required to be the central hub of the town with the region expanding as its growth is exected to continue.

The Owner works on the business rather than in it and has a manager in place for the day to day running and all staff have been well trained and can run the business with minimal involvement from owner.

This business is perfect for a hands on active owner or family an can continue as is and enjoy the lifestyle the current owners enjoy whilst owning a very profitable business

Business Snapshot:

Revenue: Adjusted Net profit – $550,000+
ROI: 23% p/a
Earning Type: EBITDA
Earning Type Value: Run under management
Weekly turnover 22/23 - $130,000/week
Gross Profit of 23.5%
Adjusted Net profit – $550,000+
Rent 2.6% of turnover.

Summary

A quality business like this does not come on the market often in this location FOR SALE: $1,950,000 + Stock Contact the exclusive broker: David Zampech Benchmark Business Sales & Valuations M: 0422 671 375 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: bus5507 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.

Newly renovated IGA near Sunshine Coast with BIG Profits

Food/Hospitality
Supermarket
Queensland
Gold Coast
$1,950,000 + Stock

Contact Business Broker

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