Niche IGA Supermarket, Gold Coast

Niche IGA Supermarket, Gold Coast — Retail · Gold Coast, QLD · Asking $600,000+ · Revenue $3,172,000

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

DealProspect/Listings/Retail

Niche IGA Supermarket, Gold Coast

Supermarket

ActiveRetailQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$600,000+

Disclosed · AUD

Revenue

$3,172,000

TTM

Earnings (est.)

~$270,572

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

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

More retail businesses for sale

Supermarkets for sale in Queensland (35) →