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IGA Supermarket - Surfer’s Paradise For Sale

Surfers Paradise, Queensland, Australia
Asking Price:
$1,250,000 + stock (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

$1,250,000 +Stock

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’

Key Points:
- 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

Business Snapshot:
- 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:
Mathew Hartley

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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