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Iga Supermarket Gold Coast For Sale

Queensland, Australia
Asking Price:
$1,995,000 + Stock (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

IGA Supermarket

Gold Coast

$1,995,000 + Stock

What an opportunity. purchase this very desirable IGA Supermarket in a densely populated suburb of the Gold Coast.

This store has been established for over 15 years and is nestled amongst popular eateries with a view to the water.

An abundance of carparking right outside and rear of the store not to mention the added advantage of many high-rise buildings within walking distance.

This store has just installed Golden Casket Lottery (August 2021) . Watch the Sales and Profit grow even more!!!

Profits To Grow even More!!!

Key Points:
Semi managed

Motivated key staff already in place

Long Term Lease with Options

Enjoys strong community support

Great lifestyle

Easy parking right outside the store and at the rear of the shop

Business Snapshot:
Current weekly Average Sales - $74,755 (for Y/E 30th June 2021)

Average GP (Gross Profit) of 33%

Store size 399m2

Long Lease in place, with options of 2 x 5

Adjusted Net Profit Averaged $530,000 per year over last 3 years approx

Golden Casket opened 6th August 2021

This Business is for sale @ $1,995,000 + Stock.

* Own Due Diligence required

To find out more about this exciting opportunity, and further details on this store, please contact Mathew Hartley on ---- --- ---

Email: [email protected]

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Business Listing Code: bus2807

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