IGA Supermarket – North Brisbane (Store Managed)

IGA Supermarket – North Brisbane (Store Managed) — Retail · North Brisbane · Asking $1,695,000

Neighbourhood IGA supermarket north of Brisbane, on the same site since 1996 and under the current banner since 2016 Runs under a store manager, so the cost base already carries the wages an owner would otherwise draw 250 sqm floor plate with occupancy costs pegged at 5% of sales and a lease running to April 2028 plus options Gross margin 35.5% and an adjusted net margin of 18.9% Catchment is…

DealProspect/Listings/Retail

IGA Supermarket – North Brisbane (Store Managed)

Supermarket

ActiveRetailQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

~$1,845,000

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

Revenue (est.)

~$6,296,928

Estimated · comparable listings of this type and size · typically within ±25%

Earnings (est.)

~$709,615

Estimated · comparable listings of this type and size · typically within ±30%

Typical multiple

~2.6×

comparable listings of this type and size · typically within ±30%

Brief

Neighbourhood IGA supermarket north of Brisbane, on the same site since 1996 and under the current banner since 2016
Runs under a store manager, so the cost base already carries the wages an owner would otherwise draw
250 sqm floor plate with occupancy costs pegged at 5% of sales and a lease running to April 2028 plus options
Gross margin 35.5% and an adjusted net margin of 18.9%
Catchment is slated for further housing, giving a volume path without new sites

Supermarkets in Queensland

Supermarkets for sale in Queensland (34) →

Listed

+5 in 30 days

Median asking

$870K

34 priced

Median revenue

$3.1M

28 disclose

Earnings multiple

3.3×

8 listings

Price drops

in 30 days

Asking price spread34 of 34 state a price

This listing · $1.7M

12%

18%

32%

29%

$100K–$250K$2.5M–$5M

Australia 150 · Victoria 64 · New South Wales 29 · Western Australia 9

Cafes 142 · Takeaways 100 · Automotive workshops 76 · Restaurants 75 · General retail businesses 67 · Manufacturing businesses 55

Get new supermarkets in Queensland by email

Free · no account · unsubscribe anytime

Priced like this one

Supermarkets for sale in Queensland (34) →