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DealProspect/Listings/Retail

Market & Supermarket - Tropical North Queensland

Supermarket

ActiveRetailQueenslandB2C
Asking price
~$3,400,000
est. from headline + $300,000 stock · AUD
Revenue
$9,131,757
TTM
Net Profit
$830,660
Implied multiple (assumed)
~4.1×
Assumed · headline + $300,000 stock
Brief
  • Established market and supermarket with a strong local reputation for fresh produce and specialty grocery
  • Rated 4.3 stars from close to 700 customer reviews
  • Store-manager model in place, offering flexibility on owner involvement
  • Secure lease through to 2035 with two further ten-year options
  • Low occupancy cost relative to sales
  • Recently installed 100kW solar system reducing energy costs
  • Positioned in a high-growth catchment near residential and airport traffic