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About the Business:
- The Business ’IGA Surfer’s Paradise’ is positioned in the most densely populated area of Surfer’s Paradise. It is surrounded by thousands of residential and holiday apartments.
- First established in 2004 and has had consistent sales and above average gross margins over the years.
- The current owners have recently renovated this Supermarket to the highest of standards making this one of IGA’s Flagship Store.
- Price reflects Approximately 3 x Net Profit
‘Buy the Dream…. Live the Lifestyle’
- Situated in the most densely area of Surfer’s Paradise
- Immaculately renovated to the highest standard
- Gold Lotto approved for store…. Opportunity for new owner
- Open 24/7… with ‘After Hours’ window installed
- Only 200 metres from the beachfront
- Motivated key staff already in place
- Weekly Average Sales - $70,000 + seasonal
- Average GP (Gross Profit) of 36%
- Retail and Storage Area- approximately 620 sqm
- Long Lease in place 2029, with options of 2 x 5
- Current Rent- $22,097.40 + GST monthly
- Semi Managed
This Business is for sale @ $1,250,000 + Stock
* Own Due Diligence required
For further information on this opportunity, please contact the undersigned:
Business Broker - Supermarket Specialist
Benchmark Business Sales & Valuations
M: ---- --- --- T: ---- --- --- E: [email protected]
REIQ BUSINESS BROKER OF THE YEAR2017
If you like to know more about the Business complete our online confidentiality agreement here: https://-----------------.---.--/ca-form-4463
or go to ---.-----------------.---.-- and use the reference number #4463 to search for the business.
Benchmark Business Sales and Valuations
Business Category: Food and Hospitality, Supermarket, Convenience, Grocery and Liquor stores
Property Code: 4463
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