The most common supermarket valuations are conducted on IGA supermarkets, which is a franchise run by the publicly listed company Metcash Limited. The IGA and Super IGA brands encompass several hundred supermarkets across Australia.
Supermarket valuations also include non-branded supermarkets and general stores in regional Australia and we have completed supermarket valuations from as far as Kununurra Western Australia to Devenport in Tasmania.
Business valuers generally have access to supermarket valuations benchmarks and sales data to draw from and may have access to supermarket sales evidence, turnover, profit margins, and wage costs to compare the subject business against comparable sales.