Location:
Melbourne 3000 > Melbourne - Greater > Victoria
Investment level:
$690,000 + SAV
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores > Supermarket
Business for Sale in Victoria Supermarket for sale in Melbourne South-East Melbourne PRIME LOCATION | SEMI MANAGED| HIGH FOOT TRAFFIC | STRONG MARGINS | LONG LEASE Located in one of South-East Me
Business for Sale in Victoria Supermarket for sale in Melbourne South-East Melbourne
PRIME LOCATION | SEMI MANAGED| HIGH FOOT TRAFFIC | STRONG MARGINS | LONG LEASE
Located in one of South-East Melbourne's busiest shopping precincts, this established supermarket is an exceptional opportunity for both investors and hands-on operators. Operating successfully for over 15 years beside a major national chain, it has built a strong reputation and a loyal customer base, with sales growth year after year.
The store is spacious, modern and well-presented, featuring prime street exposure, easy rear access for deliveries and plenty of free on-site parking for customers. It is currently run on a semi-managed basis, with the owner dedicating around 30 hours per week while a reliable team handles the day-to-day operations.
Stocking groceries, fresh produce, deli items and seafood (excluding liquor and cigarettes), the business enjoys consistent high foot traffic and healthy margins. The inclusion of a transferable Metcash account gives new owners the ability to expand and grow further. A long, secure lease at reasonable rent, comprehensive training and a supportive vendor handover ensure a smooth transition for the buyer.
Business Highlights:
*Well managed business with excellent shop fit out and unmatched aesthetics
*Fantastic location many well-known businesses in the vicinity attracts clients all year long
*Weekly average gross sales $53,172 (Purely food, no liquor or cigarettes)
*High GP translates to high profitability. Adjusted Annual Net Profit: $400K+
*Semi-managed, owner works 30 hours pw only
*Reasonable rent
*Consistent sales YoY
*Plenty of free parking
*Grocery, fruit & veggies, deli, & seafood. No liquor or cigarettes available
*Large walk in cool rooms and freezers allows smooth operation
*Business has Metcash account which presents with huge opportunity to increase shop sales further. Metcash account is transferrable to the new owner
*Long secured lease
*Full training will be provided. Vendor is willing to stay back for a period to help with transition
*15+ year old stable business. Business has been operating next to a large supermarket chain for many years which proves the stability of the business
*Price: $690,000 + STOCK APPX $120,000
ONLY GENUINE BUYERS WITH SUFFICIENT FUNDS TO QUERY.
EXCLUSIVE LISTING WITH NATIONAL BUSINESS SALES & VALUATIONS. (Internal ref: 1127)
Please contact Sam on 0423 610 444 to complete confidentiality agreement and receive more information.
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