About the Business

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
M: 0400 412 593
T: 1300 366 521

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.

Plea