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:
Weekly turnover 22/23 - $130,000/week
Gross Profit of 23.5%
Adjusted Net profit $550,000+
Consistently returns profit year on year
Opportunity to keep expanding range to grow business
Rent 2.6% of turnover.
Key Points:
Run under Management
Newly Renovated - nothing to spend
Motivated key staff already in place
Main retail hub in the Heart of the town
excellent location and great tenant mix in centre
Award Winning business
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
