this is called proper bondapan

Home Business For Sale Newly renovated IGA near Sunshine Coast with BIG Profits
Sold
Reference Number: bus5507
3 months ago
137 Views

Newly renovated IGA near Sunshine Coast with BIG Profits

$1,950,000 + Stock

This newly renovated IGA Located near the Sunshine Coast this well managed and run IGA supermarket in a town of over 4,000 people is the definition of keeping it local.

The owners are looking for a sea change and are selling their very profitable business that has been very successful for them as well as the local community.

This Business has just received over $300,000 makeover with new fixtures, refrigeration, and flooring throughout and the customers love it.

The centre has all the main tenants required to be the central hub of the town with the region expanding as its growth is exected to continue.

The Owner works on the business rather than in it and has a manager in place for the day to day running and all staff have been well trained and can run the business with minimal involvement from owner.

This business is perfect for a hands on active owner or family an can continue as is and enjoy the lifestyle the current owners enjoy whilst owning a very profitable business

Reference Number: bus5507

Business Snapshot:

Revenue: Adjusted Net profit – $550,000+
ROI: 23% p/a
Earning Type: EBITDA
Earning Type Value: Run under management
Weekly turnover 22/23 - $130,000/week
Gross Profit of 23.5%
Adjusted Net profit – $550,000+
Rent 2.6% of turnover.

Summary


This newly renovated IGA Located near the Sunshine Coast this well managed and run IGA supermarket in a town of over 4,000 people is the definition of keeping it local.

The owners are looking for a sea change and are selling their very profitable business that has been very successful for them as well as the local community.

This Business has just received over $300,000 makeover with new fixtures, refrigeration, and flooring throughout and the customers love it.

The centre has all the main tenants required to be the central hub of the town with the region expanding as its growth is exected to continue.

The Owner works on the business rather than in it and has a manager in place for the day to day running and all staff have been well trained and can run the business with minimal involvement from owner.

This business is perfect for a hands on active owner or family an can continue as is and enjoy the lifestyle the current owners enjoy whilst owning a very profitable business

Business Snapshot:
• Weekly turnover 22/23 - $130,000/week
• Gross Profit of 23.5%
• Adjusted Net profit – $550,000+
• Consistently returns profit year on year
• Opportunity to keep expanding range to grow business
• Rent 2.6% of turnover.

Key Points:
• Run under Management
• Newly Renovated - nothing to spend
• Motivated key staff already in place
• Main retail hub in the Heart of the town
• excellent location and great tenant mix in centre
• Award Winning business

A quality business like this does not come on the market often in this location

FOR SALE: $1,950,000 + Stock

Contact the exclusive broker:
David Zampech
Benchmark Business Sales & Valuations
M: 0422 671 375
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5507 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
This newly renovated IGA Located near the Sunshine Coast this well managed and run IGA supermarket in a town of over 4,000 people is the definition of keeping it local.

The owners are looking for a sea change and are selling their very profitable business that has been very successful for them as well as the local community.

This Business has just received over $300,000 makeover with new fixtures, refrigeration, and flooring throughout and the customers love it.

The centre has all the main tenants required to be the central hub of the town with the region expanding as its growth is exected to continue.

The Owner works on the business rather than in it and has a manager in place for the day to day running and all staff have been well trained and can run the business with minimal involvement from owner.

This business is perfect for a hands on active owner or family an can continue as is and enjoy the lifestyle the current owners enjoy whilst owning a very profitable business

Reference Number: bus5507

Newly renovated IGA near Sunshine Coast with BIG Profits

$1,950,000 + Stock

Contact Business Broker

Client Testimonials

Thank you Ziggy

A big thank you to Ziggy and the Benchmark team for assisting in the sale of our company Trisynia. Tony and I are very please with the outcome and I have no problem in providing feedback on Ziggy’s experience, guidance and performance in getting the job done. – David

Ziggy Frankenfeld
0419 226 151

“Tu Nguyen has sold 2 businesses with us within the past 12 months!”

Thomas & Cherie , 16 Jan 2019 “We highly recommend Tu Nguyen as a business broker– he sold 2 businesses for us in the past 12 months. We have found Tu to be professional and honest. He is also very proactive and easy to contact. We could not happier with outcomes Tu achieved for us.” Thomas & Cherie, […]

Tu Nguyen
0401 260 154

“We engaged the Business Broker Tu Nguyen to sell our Pizza Hut store and he got us to the finish line.”

Nizar Ali , 03 Apr 2019 “We engaged the Business Broker Tu Nguyen from Benchmark Business Sales to sell our Pizza Hut store and he got us to the finish line. Tu Nguyen did an excellent job for us. The level of communication and dedication in getting the sale across the line was first class and […]

Tu Nguyen
0401 260 154

I highly recommend Jacob in the Service station business.

Jacob is very professional and knowledgeable. He was very transparent and helped us in understanding each and every aspect of Business buying. He helped us throughout the process and was always available even for our smallest query. Buying a Service station through him was a pleasant experience. We wish him all the best for his […]

Jacob Reeson
0432 906 946

Excellent service and help from Jacob

Excellent service and help from Jacob in purchasing service station business. I would recommend Jacob to any Looking to buy or sale service station. Ramesh Get to know more about Jacob Reeson and his accomplishments by clicking the “View Profile” button below. Additionally, you can read other Benchmark Business Sales Testimonials from the “Broker” […]

Jacob Reeson
0432 906 946

Totally impressed with what Lincoln Bridge achieved for me

Lincoln’s professionalism and experience is very apparent and he secured an excellent and qualified buyer. The buyer’s process was a little unusual and a bit daunting, however Lincoln displayed commitment, understanding, and readily assisted me with lease negotiations with the existing tenant to ensure that I achieved the best sale price. With his guidance and […]

Lincoln Bridge
0424 370 025

Get engaged!

Stay ahead of the curve with our weekly subscription to new businesses for sale! Get the latest opportunities delivered straight to your inbox, ensuring you never miss out on a potential business opportunity by being the first to know about it. Regular updates on new business opportunities will keep you informed about the market’s freshest offerings. Sign up now to keep your finger on the pulse.

We have six offices in five states, and over 50 plus specialised, qualified business brokers on our team

Gold Coast Office
166 Ashmore Rd,
Benowa QLD 4217
Brisbane Office
1015 Wynnum Rd,
Cannon Hill QLD 4170
Perth Office
7/8 Clive St
West Perth WA 6005
Melbourne Office
80 Market St,
South Melbourne VIC 3205
Adelaide Office
24/213 B26,
Eastwood SA 5063
Sydney Office
5 Alexander St,
Crows Nest NSW 2065
© 2024 Benchmark Business Sales and Valuations. All rights reserved.

Signup to our weekly subscription to new listings!