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Supermarkets For Sale in Western Suburbs. Western Sydney NSW

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Iga Supermarket Sydney Outer Western Suburbs

Location:Western Suburbs., Western Sydney, New South Wales

Category:Supermarket, Convenience Stores, Franchise

Asking Price:$449000

449000

  • Sales revenue : $1,700,000
  • Net profit : $300,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : $150,000
  • Iga Supermarket Sydney Outer Western Suburbs
  • Iga Supermarket Sydney Outer Western Suburbs
  • Iga Supermarket Sydney Outer Western Suburbs
  • Iga Supermarket Sydney Outer Western Suburbs

Business description

SUMMARY

Penrith area. Turnover $17M pa (Ex GST) (approx.). Net to 1 owner $300K per annum (approximately). Established approximately 20 years. Great lease plus a 15 years option. High profile position in a single level open air shopping complex.

ABOUT THE OPPORTUNITY

This business is essentially an independent supermarket, which belongs to the “IGA” marketing group. An extensive range of products are carried, which broadly include; fresh fruit and vegetables, processed meats & poultry, quick meals, tin foods, sweets, butter & other spreads, milks & other dairy products, soft drinks & juices, coffees & teas, cereals, breads, toiletries, pet food, washing detergents, cleaning products, etc. The supermarket is clearly visible by the “IGA” rounded red logo with white writing signage. However, each IGA store is different with a strong sense of independence. The business is simple to run with the marketing group taking care of some of the marketing, new product development etc.

LOCATION DETAILS

The premises are single level and possess 180 degrees exposure to the car park belonging to the complex. Some of the nearby businesses include: Cellarbrations Liquor, a medical centre, a chemist shop, a bakery and a pizzeria.

THE BRAND

IGA is one of Australia’s largest truly independent supermarket groups. The IGA brand is owned by Metcash who is also IGA’s supplier. IGA stands for Independent Grocery Alliance.

The IGA marketing group now boasts approximately 1,400 supermarkets throughout Australia. The USA IGA has over 500 stores in over 30 countries. The brand was brought to Australia by Davids Holdings during 1988.

GREAT OPPORTUNITY TO GET INTO THE SUPERMARKET BUISINESS!! WELL SOUGHT AFTER MARKETING GROUP!!

Asking $449,000 + SAV.

Phone: [Phone Number Censored] or [Phone Number Censored]

Website: [Web Link Censored]

 

Other Information

  • Years Established: 1998
Businesses 4 You Pty Ltd
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