Acquire an established IGA supermarket in northern Tasmania, 100% run under management, with an experienced long-term store manager and capable team already in place.
Trading from the same location since 1952, this business combines a loyal customer base, substantial infrastructure investment and the benefits of Tasmania’s co-operative retail model. Buyers have the flexibility to purchase the freehold property or secure a long-term lease.
Key Features
Fully managed operation with experienced staff and established systems.
- Approximately $4.5 million average annual turnover across FY2024–FY2026.
- More than $700,000 reinvested in infrastructure and upgrades.
- Co-operative buying power, marketing support, quarterly warehouse payments and equipment funding.
- Modern refrigeration, upgraded cool rooms, a 77 kW solar system and dedicated loading bay.
- Recently installed standby generator and electrical switchboard upgrade, paid through the co-operative equipment fund.
- Approximately 495 m² shop building, a 105 m² loading bay and convenient customer parking.
- Broad product range covering groceries, fresh produce, meat, deli products, frozen foods and convenience lines.
Purchase Options
Business: $1,800,000 + SAV
- Stock approximately $165,000, subject to valuation.
- Optional freehold: $1,150,000
- Long-term lease also available at $75,000 per annum, with terms to be agreed.
- Optional adjoining vacant residential lot: $200,000
ABM ID#:6517
