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Wheatbelt IGA Supermarket Business For Sale

Koorda, Western Australia
Asking Price:
$545,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,000,000 (AUD)
Cash Flow:
Available on request

This business features an IGA supermarket with a Newsagency, Lottery Agency, Bank West Agency and Cafe providing its loyal customers with all the essentials and acting as a 'one-stop-shop' for the Koorda/Wheatbelt area.

The business, originally established in 1976,  is very well merchandised and offers a great range of grocery lines, magazines, giftware, bakery, dairy and meat lines, books, lottery products and also cafe meals 7 days a week.

IGA Koorda was named 'Best Franchise' in the 2014 Central Wheatbelt Small Business Awards and was also a finalist in 2015.

The business employs reliable, experienced staff, is well supported by the local community and has a 4.5 star rating on Google with 12 favourable reviews.

There are growth opportunities available such as applying for a license to sell alcohol or increasing the stock range to sell other items including hardware.  The premises offers ample space with a 452m2 retail area, 160m2 office area and 60m2 verandah on land area of 2,021m2.

The business has nothing to spend with both the interior and exterior having been repainted and a relatively young, well-maintained plant list.

Showing consistent annual sales of approx $2 million for each of the last 4 years, with healthy gross margins.

Only 2½ hours from the CBD this would suit a family wanting to run their own business and looking for a rural lifestyle not too far from the city.

Owners are looking to retire.  Offered on a leasehold basis for $375,000 +SAV (approx $170,000).   The owners will offer a solid, long term lease or the freehold can be purchased.

For more information or to receive a full business profile please contact Wayne Cooper.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Trading hours:

7 days

Years established:
Since 1976

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Inventory / Stock value:
$170,000 (AUD) - included in the asking price

Contact Information

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  2. Country

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