IGA Convenience Supermarket – Brisbane South Side

IGA Convenience Supermarket – Brisbane South Side — Retail · Brisbane South Side · Asking $695,000 · Revenue $2,608,528

IGA convenience supermarket on Brisbane's south side, fully managed and including a Lotto outlet. Trades from a modest footprint in a busy local shopping centre with a long-term lease.

DealProspect/Listings/Retail

IGA Convenience Supermarket – Brisbane South Side

Supermarket

ActiveRetailQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

~$845,000

est. from headline + $150,000 stock · AUD

Revenue

$2,608,528

TTM

Earnings (est.)

~$313,654

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~2.7×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

IGA convenience supermarket on Brisbane's south side, fully managed and including a Lotto outlet. Trades from a modest footprint in a busy local shopping centre with a long-term lease.

How it compares

Supermarkets in Queensland · asking prices

In line with supermarkets here

Supermarkets here ask a median 0.26× revenue. On its $2,608,528 revenue, that points to about $666,000; reads like this are typically within 30%, so $466,000 to $866,000. It asks $695,000, inside that range.

Asking price: $695,000about the median of $795,000
Revenue: $2,608,528median is $3,068,000
Revenue multiple: 0.27×0.26× across the market; higher than 16 of 27
Time listed: 126 daysprice cut 7%, from $750,000

Supermarkets in Queensland

Supermarkets for sale in Queensland (33) →

Listed

+4 in 30 days

Median asking

$795K

33 priced

Median revenue

$3.1M

27 disclose

Earnings multiple

2.4×

189 listings

Price drops

in 30 days

Asking price spread33 of 33 state a price

This listing · $695K

15%

36%

27%

$100K–$250K$2.5M–$5M

Australia 154 · Victoria 67 · New South Wales 29 · Western Australia 10

Cafes 142 · Takeaways 107 · Automotive workshops 75 · Restaurants 74 · General retail businesses 63 · Manufacturing businesses 56

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