IGA Supermarket & Liquor | Outer South-East Melbourne

This is a well-established, fully managed independent supermarket operating from a 700 m2 purpose-fitted retail space in Outer South-East Melbourne. The business generates over $6.4 million in annualised turnover and produces adjusted net earnings of $649,000, delivering an 10.15% net profit margin against revenue.

The store offers a full grocery range including a dedicated liquor offer, Lotteries, and premium grocery categories. The business operates Monday to Saturday 7am to 8pm and Sunday 8am to 7:30pm, and is managed via a salaried Store Manager, making this a genuine passive income opportunity for the right incoming purchaser.

Supported by a lease to 10 July 2047 with 5 + 5 year options, the investment offers tenure certainty that is rare in the independent supermarket sector.

Key Features

• $6.4 million in annualised turnover with $123,054 weekly average sales
• Strong gross profit margin reflecting a premium product mix and strong banner support
• Adjusted net profit of $649,000, representing 10.15 % return on revenue
• Long-term lease security to 10 July 2047 with 5 + 5-year options remaining
• 700 m2 purpose-built supermarket with liquor, Lotteries, and premium grocery
• Fully managed operation with salaried Store Manager in place
• Extended trading hours: Mon-Sat 7am-8pm, Sun 8am-7:30pm
• Established loyal customer base in a high-density residential catchment
• Wage cost at 9.9% of sales, reflecting an established team structure
• Opportunity to transition to an owner-operated model and further lift net earnings

Why this business:

• You acquire immediate scale. $6.4M in revenue and $649K in adjusted earnings from day one
• You step into a managed business. Store Manager in place. No need for owner presence on the shop floor
• You operate in a proven catchment. Outer South-East Melbourne: established family suburb, high home ownership, strong weekly spend
• You secure exceptional lease tenure. Lease to 10 July 2047 with 5 + 5 options provides unmatched long-term certainty
• You benefit from strong banner backing. Liquor, Lotteries, and premium grocery drive basket size and loyalty
• You have clear upside levers. Transition to owner-operated, optimise margin, expand deli or fresh, further grow turnover

FOR SALE: $2,250,000 + SAV

Contact the exclusive broker:
Mathew Hartley
Benchmark Business Sales & Valuations
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If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6525 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations.

For more details, please email broker or call agents.