Business Code:
1 Full Time & 7 Casuals
Employees
This is a well-established, professionally managed IGA Local Grocer operating in the heart of Sydney’s CBD. Situated immediately adjacent to a Metro station, the store captures consistent commuter, office, and residential foot traffic seven days a week. IGA BUSINESS SNAPSHOT * Average Revenue – $2,436,000. per annum* Gross Profit – $873,000. per annum* Net Profit (Normalised Owner Operator) – $297,000. per annum* Net Profit (fully Managed) – $180,000. per annum* Rent – Ex GST & Outgoings – 7.4%* Lease to December 2029 plus 5 year optionThe precise location of this store is not disclosed at enquiry stage to protect the goodwill and ongoing operations of the business. Full details including address, verified financials, lease documents, and trading history are made available to qualified buyers who have completed a Confidentiality Agreement.
Features
Profitable, fully managed IGA with established systems, experienced staff and supplier relationships already in place. - Delivers approximately $180,000 per annum at a 7.5% margin under management, providing a strong passive investment opportunity. - Potential owner operator return of approximately $297,000 per annum at a 12.3% margin by taking on the management role. - Metro adjacent location generating consistent and reliable daily foot traffic. - Potential upside through a liquor licence currently being investigated, providing an opportunity to introduce an additional revenue stream. - Growing customer base supported by ongoing high density residential development in the surrounding area. - Operates under the nationally recognised IGA banner, benefiting from established brand recognition, group buying power and loyalty programme infrastructure.
