IGA Local Grocer, NSW Central Coast

IGA Local Grocer, NSW Central Coast — Retail · Central Coast · Asking $2,000,000 · Revenue $6,240,000

IGA Local Grocer and anchor tenant in a local shopping centre on the NSW Central Coast Currently under management with limited owner involvement 2024 revenue up more than 10% on the prior year; profit up 26% Gross Profit of 28%; Net Profit exceeded 10% of revenue in FY2024 Premises of 330 square metres Long lease with 3 x 5 year options

DealProspect/Listings/Retail

IGA Local Grocer, NSW Central Coast

Supermarket

ActiveRetailNew South WalesB2C

View original listing ↗

Asking price

~$2,300,000

est. from headline + $300,000 stock · AUD

Revenue

$6,240,000

TTM

Earnings (est.)

~$517,296

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~4.4×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

IGA Local Grocer and anchor tenant in a local shopping centre on the NSW Central Coast
Currently under management with limited owner involvement
2024 revenue up more than 10% on the prior year; profit up 26%
Gross Profit of 28%; Net Profit exceeded 10% of revenue in FY2024
Premises of 330 square metres
Long lease with 3 x 5 year options

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