Kingston IGA Supermarket

Kingston IGA Supermarket — Retail · Kingston SE, SA · Asking $495,000 + SAV · Revenue $2,000,000

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…

DealProspect/Listings/Retail

Kingston IGA Supermarket

Supermarket

ActiveRetailSouth AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

~$645,000

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

Revenue

$2,000,000

TTM

Earnings (est.)

~$239,842

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 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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