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NEW AUCKLAND, QLD
FOR SALE: IGA LOCAL CENTRAL QLD | Vendor Price Update Now Meeting the Market
New
FOR SALE: IGA LOCAL CENTRAL QLD | Vendor Price Update Now Meeting the Market
QLD
Food/hospitality · Supermarket
$620,000
Acquire an established IGA supermarket in Central Queensland.The store has demonstrated stable revenue performance over the past three financial years, with GP maintained between 24.5% and above.2025 adjusted net profit of $235,498 represents an 8.1% margin.The business operates under a national banner with established supply chain, promotional support and recognised branding.The lease structure provides security through to May 2029 with three additional five-year options.Business Snapshot:Annual Sales 2025: $2,909,540Weekly Average Sales: $60,000 +Gross Profit: $713,623 - 24.5%Adjusted Net Profit: $235,498 - 8.1%Rent: $125,264 per year Ex GST - 4.3%Premises: 410m2Lease: Expiry May 2029 plus 3 x 5 year optionsTrading: 7 daysKey Features:Recognised IGA brand presenceSecure lease with long term optionsStrong GP consistency across 3 financial yearsRent at 4.3% of turnoverStore Managed structureEstablished customer baseRegional city with diversified economic base & growingWHY THIS BUSINESSCurrent weekly turnover near $60K +Manageable footprint and staffingClear opportunity to improve range, promotions and fresh categoriesSuitable for hands on operator or experienced supermarket familyEntry price well below metro equivalentsPrice: $620,000.00 + SAVSerious enquiries only. Confidentiality agreement required prior to release of financials.Contact the exclusive broker directMarc SaxBenchmark Business Sales and ValuationsMobile: 0428 876 328Email: marc@benchmarkbusiness.com.auPlease ensure you have the necessary capital or equity before expressing an interest in this business.
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