Kingston IGA Supermarket
Supermarket
ActiveRetailSouth AustraliaB2C
Asking price
~$645,000
est. from headline + $150,000 stock · AUD
Revenue
$2,000,000
TTM
Earnings (est.)
~$228,000
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.8×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
- IGA supermarket in a coastal location offering a full grocery range including fresh produce, local meats, seafood and fine foods.
- 300m2 store fully renovated in May 2024 with new flooring, shelving, coolrooms, refrigeration, freezers and register counters.
- Annual turnover exceeding $2 million, supported by extended trading hours and an IGA Rewards program.
- Supported by 9 casual staff with some vendor involvement.
- Attached 2-3 bedroom residence and an optional freehold available.
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