IGA is the most successful independent chain of supermarkets in Australia. With an ability to not only offer a more local approach to supply they have also been able to compete with pricing as required given its excellent buying power.
This store while less than 5 years old has only been operating under the IGA banner for about 12 months. The store is managed by owners who have numerous business interests including owning the freehold of this site. They are aware a new owner will deliver a superior sales result, cementing the IGA as the towns independent option to the major chain supermarkets and afford the current owners focus on their core business interests.
With growth in mind the store already has:
• Café with internal and external seating
• Butcher with fully equipped portion and packing room
• Deli with hot and cold display
• Bakery
• Circa 150 car parks
• 1143m2 Total lease space
• Rental options to afford new owner immediate growth
• Partially managed.
With the IGA refurbishment only a year old there is nothing to spend on the shop and so a new owner can focus on how to market and manage this fantastic opportunity.
Suit a buyer with supermarket experience that can take the already good sales to great heights.
Reasons to Buy
• Sales $128,500 recent week
• GP 25%
• Local supply chains established
• Near $2M original fitout
• 1 Hr to Brisbane or Gold Coast
