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Retail

Retail store for sale, Perth WA

Retail storePerth, WA

Asking price
$1.5m

Plus stock

About the business

Established IGA supermarket in Two Rocks, a coastal community north of Perth, trading over 20 years with current ownership since 2011. The business generates $10.74 million annual turnover and $446,000 adjusted net profit. Located in a busy town shopping complex with a loyal customer base and extensive range of specialty and local products.

Operates semi-managed with an experienced team and owner involvement of approximately 25 hours per week. The lease is secured through to 2032. Growth opportunities exist through increased local marketing, developing specialty products, and expanding customer transactions. Suits an experienced supermarket operator, retail portfolio holder, or semi-managed business buyer.

What transfers with the sale

  • Stock on hand approximately $500,000
  • Goodwill
  • Customer database

Day to day

Premises
Leasehold, lease secured through to 2032, located in a busy town shopping complex
Staff
Semi-managed operation with experienced and fully trained team
Owner hours
Owner involvement approximately 25 hours per week

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