Iga Supermarket Southern Suburb Brisbane

Business For Sale Queensland

Business Category Supermarket

$1,500,000 + stock

Description

Iga Supermarket Southern Suburb Brisbane

$1,500,000 + Stock

Freehold available for sale

A fantastic opportunity exists here... recently refurbished with an approximate spend of $800,000, which includes a coffee shop with seating, brand new fixtures, and fittings throughout.

This full-size IGA Supermarket is under management with all staff trained to a high standard, which enables the Owners flexibility to enjoy Work Life Balance.

Located on the south side of Brisbane, opposite a main arterial road with ample parking right at the front door. makes this store the one-stop location for the surrounding community and passing traffic.

Consistent solid trade and great weekly returns make this Supermarket desirable for the Savvy Investor or an Owner-Operator.

All the hard work done nothing to spend .

Key Points:

- Ideally positioned in a well-presented main strip, surrounded by other key businesses

- Main Road position with ample parking and access

- Supermarket is currently Fully Managed

- IGA brand is well known to locals

- Recently Refurbished

- Competition already established

Business Snapshot:

- Current Average Weekly Sales $145,000

- Current Average GP (Gross Profit) of 24.2%.

- Store size- 1077m2

- Long Lease in place 2029 with options of 2 x 5.

- Current Rent- $27,386.66 + GST Includes Outgoings

- Opportunity to purchase Freehold

Asking price $1,500,000 + Stock

* Own due diligence required.

To find out more about this exciting growth and lifestyle opportunity, and further details on the store please contact the exclusive broker.

For further information on this opportunity, please contact:

Mathew Hartley

Business Broker - Supermarket Specialist

Benchmark Business Sales and Valuations

M: XXXXXXXXXX T: XXXXXXXXXX E: XXXXXXXXXX

REIQ BUSINESS BROKER OF THE YEAR 2017

If you like to know more about the Business complete our online confidentiality agreement here: XXXXXXXXXX

or go to XXXXXXXXXX and use the reference number #4711 to search for the business.



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

Business Listing Code: benchmark_74_564
Contact Seller
Mathew Hartley

Bsale ID: 541340
Broker REF: benchmark_74_564

Benchmark Business Sales and Valuations
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