CBD IGA for Sale - Super Profitable - Sydney CBD - Agent SBX Code Number: PM1098
This is a well-established, professionally managed IGA Local Grocer operating in the heart of Sydney's CBD. Situated immediately adjacent to a Metro station, the store captures consistent commuter, office, and residential foot traffic seven days a week.
IGA BUSINESS SNAPSHOT
* Average Revenue - $2,436,000. per annum
* Gross Profit - $873,000. per annum
* Net Profit (Normalised Owner Operator) - $297,000. per annum
* Net Profit (fully Managed) - $180,000. per annum
* Rent - Ex GST & Outgoings - 7.4%
* Lease to December 2029 plus 5 year option
The precise location of this store is not disclosed at enquiry stage to protect the goodwill and ongoing operations of the business. Full details including address, verified financials, lease documents, and trading history are made available to qualified buyers who have completed a Confidentiality Agreement.
Agent SBX Code Number: PM1098 - Sydney Business Exchange