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DealProspect/Listings/Retail

Niche IGA Supermarket, Gold Coast

Supermarket

ActiveRetailQueenslandB2C
Asking price
$600,000+
Disclosed · AUD
Revenue
$3,172,000
TTM
Earnings (est.)
~$262,959
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.3×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Niche IGA supermarket established for 20 years on the Gold Coast
  • Average weekly revenue of $61,000 with a gross profit margin of 31%
  • Shop and stockroom total approximately 400 sqm
  • Seven years remaining on the lease; rent $15,824 + GST per month
  • Return on investment of 36%
  • Semi-managed operation with Lotto outlet, ATM, barista coffee and fresh food offering