Price: $1,650,000 + Stock
It is not often that a business like this comes on the market. This IGA is in a large regional town and whilst all the competitors are in place the business enjoys a location which is far enough away to enjoy great community support. With Sales growing better than the industry Average this business is well placed to continue performing into the future.
The business has enjoyed double digit growth even after the main Covid surge and continue to punch well above it weight and with the rent at just a tick over 2.5% of turnover this is a business is well placed to continue the profit results it is achieving. And with customer counts and basket size up year on year this business has the right offer to continue
The owners have been there from day one and are looking to move onto other opportunities and feel the time is right to sell their business.
With an excellent fit out, well planned and laid out store and excellent plant and equipment this business really has nothing much more to do other than to continue what has been done and bank the profits.
Great Returns for a Owner Operator
Motivated key staff already in place
Excellent Sales result year on year growth`
Enjoys strong community support
Main Street presence with abundance of parking
Would be perfect for the family.
* 2021 weekly Average Sales - $130,000
* Dec21/Jan 22 Weekly Average sales - $143,000
* Average GP (Gross Profit) of 23.5%
* Store size 450m2
* More housing developments happening nearby
* Excellent fitout 7 years old
* Rent - $13,659 / month +GST includes outs. - at current sales under 2.5% of turnover.
* Introduction of online ordering through Door Dash - already 1 % of turnover after 2 months.
This Business is for sale @ $1.650,000 + Stock.
To find out more about this exciting growth and lifestyle opportunity, and further details on the store, please contact
M: ---- --- --- T: ---- --- --- E: [email protected]
? Benchmark Business Sales and Valuations
The business images shown are for illustration purposes only and may not be an exact representation of the business.
Business Category: Food and Hospitality, Supermarket, Convenience, Grocery and Liquor Stores
Listing ID: bus2804