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Home Business For Sale Niche IGA Supermarket for Sale / Gold Coast

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Reference Number: bus5994

1 week ago

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Mathew Hartley See all ads

+610400 412 593

Niche IGA Supermarket for Sale / Gold Coast

Queensland

Gold Coast

$600,000 + Stock

Business Overview

This IGA supermarket has successfully tailored its offering to suit the specific needs of its market. It’s created a range of convenience foods customers love.

Reference Number: bus5994

Business Snapshot:

Earning Type: EBITDA

Earning Type Value: n/a

Summary

The combination of attractive offerings and competitive pricing has given it the edge. Now you can take over and reap the benefits.

FEATURES OF THE BUSINESS:

- Established for 20 years
- Range has pivoted to meet customers’ needs
- Successful takeaway trade
- Serving barista coffee and freshly squeezed juice
- Lotto outlet and ATM
- Currently semi-managed.

SNAPSHOT OF THE BUSINESS:

- Average weekly revenue of $61,000
- Competitively priced, yet healthy GP of 31%
Shop and stock room total 400 m²
Rent of $15,824 + GST per month
Seven years remaining on the lease
Return on investment of 36%.

OVERVIEW:

Over the last year, there’s been a discreet but effective shift in the product mix. Recognising the needs of the market and with assistance from the wholesaler, prices have been sharpened. The product mix has pivoted, too. There’s now a substantial offer of paninis, rolls and bagels made fresh every day. A range not available at major supermarkets.

Freshly squeezed orange juice introduced last year proved an instant hit, and barista-made coffee has since been added to the mix. Many customers are time-poor and seek convenience meals. A wide range of ready-made meals, energy drinks, iced coffees, chips, and other snacks is in high demand.

Currently in progress is the development of more than 800 apartments. All within walking distance of the store. A boon for future business.

A working couple can earn a very handsome income from a store like this.

Want to know more? It’s easy.

Simply click on the Confidentiality Deed or Send icon. Complete your contact details, sign and submit. The exclusive broker will be in touch. He’ll be happy to help you acquire this niche IGA supermarket.

FOR SALE: $600,000 + Stock

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: bus5994 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

This IGA supermarket has successfully tailored its offering to suit the specific needs of its market. It’s created a range of convenience foods customers love.

Reference Number: bus5994

Niche IGA Supermarket for Sale / Gold Coast

Queensland

Gold Coast

$600,000 + Stock

Contact Business Broker

Mathew Hartley See all ads

+610400 412 593

Contact Business Broker

Mathew Hartley See all ads

+610400 412 593

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