IGA Supermarket, Coastal Town North of Brisbane

IGA Supermarket, Coastal Town North of Brisbane — Retail · Coastal town north of Brisbane · Asking $1,900,000+ · Revenue $14,300,000

Fully managed IGA supermarket in a popular beachside suburb north of Brisbane 2,500 sqm premises with high visibility in a busy shopping centre Major refurbishment in 2022; Lotto outlet included Year-on-year sales growth with department managers and a store manager in place Ideal for an investor; an experienced owner-operator could make payroll savings

DealProspect/Listings/Retail

IGA Supermarket, Coastal Town North of Brisbane

Supermarket

ActiveRetailQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

~$2,700,000

est. from headline + $800,000 stock · AUD

Revenue

$14,300,000

TTM

Earnings (est.)

~$1,219,790

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.2×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

• Fully managed IGA supermarket in a popular beachside suburb north of Brisbane • 2,500 sqm premises with high visibility in a busy shopping centre • Major refurbishment in 2022; Lotto outlet included • Year-on-year sales growth with department managers and a store manager in place • Ideal for an investor; an experienced owner-operator could make payroll savings

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