Fully Managed Iga Supermarket – Freehold Available

Tasmania

$1,800,000 + SAV

Key Features

AI generated. Contact seller to confirm.

  • Fully managed operation with experienced long-term store manager
  • More than $700,000 reinvested in infrastructure and upgrades
  • Modern refrigeration, upgraded cool rooms and 77 kW solar system
  • Recently installed standby generator and upgraded electrical switchboard
  • Approximately 495 m² shop, 105 m² loading bay and customer parking
  • Broad supermarket product range across grocery and fresh categories
  • Turnover: $Approximately $4.5 million average annual turnover across FY2024–FY2026
  • Rent/Lease: Long-term lease available at $75,000 per annum, with terms to be agreed
  • Stock Value: Approximately $165,000, subject to valuation
  • Established: Trading from the same location since 1952

Business Details

Business Category Supermarket

Acquire an established IGA supermarket in northern Tasmania, 100% run under management, with an experienced long-term store manager and capable team already in place.

Trading from the same location since 1952, this business combines a loyal customer base, substantial infrastructure investment and the benefits of Tasmania’s co-operative retail model. Buyers have the flexibility to purchase the freehold property or secure a long-term lease.

Key Features

Fully managed operation with experienced staff and established systems.
• Approximately $4.5 million average annual turnover across FY2024–FY2026.
• More than $700,000 reinvested in infrastructure and upgrades.
• Co-operative buying power, marketing support, quarterly warehouse payments and equipment funding.
• Modern refrigeration, upgraded cool rooms, a 77 kW solar system and dedicated loading bay.
• Recently installed standby generator and electrical switchboard upgrade, paid through the co-operative equipment fund.
• Approximately 495 m² shop building, a 105 m² loading bay and convenient customer parking.
• Broad product range covering groceries, fresh produce, meat, deli products, frozen foods and convenience lines.

Purchase Options

Business: $1,800,000 + SAV
• Stock approximately $165,000, subject to valuation.
• Optional freehold: $1,150,000
• Long-term lease also available at $75,000 per annum, with terms to be agreed.
• Optional adjoining vacant residential lot: $200,000

For further information and a confidential business portfolio, contact Jon Maher at Advanced Business Marketing.

XXXXXXXXXX | XXXXXXXXXX

ABM ID#:6517

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Make an Enquiry
Advanced Business Marketing Advanced Business Marketing
  • Advanced Business Marketing Admin

Bsale ID: 687999

wait whilst email sent

Thank you, your enquiry has been sent now.