Neighbourhood supermarket, semi-managed
Photos: Benchmark Business Sales & Valuations
At a glance
- Stock value
- $150,000
- Rent
- $10,552 per month
About the business
IGA is a convenience and grocery in Brisbane, Queensland. It has been under the same ownership since 2017. It trades from 6am to 10pm, seven days a week, in a store of approximately 195m2. The store sells grocery, fresh produce and convenience lines, with Lotto and Scratch-Its alongside. It sits in a shopping village, with a bus stop at the door and a train station nearby. It runs semi managed, with a store manager in place. It trades under the IGA banner, with supply arrangements and promotional support. The broker reports a loyal customer base. The broker reports that the gym, once operating, may bring additional customer traffic. The broker reports scope to develop fresh food, ready to eat meals and other local convenience lines, and growth potential.
Financing calculator
An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.
Asking price$795,000
Paid by
Your cash$238,500
Secured loan, 7 years at 6.98%$556,500
Each month
Loan repayment$8,390
Repayments each month
$8,390
Over 7 years you repay $705,065, of which $148,565 is interest.
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.
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