Description
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.
Disclaimer:
The financial information and statements pertaining to the aforementioned business have been prepared exclusively based on the information provided by the vendor to National Business Sales & Valuations. Consequently, National Business Sales & Valuations does not provide any guarantee as to the accuracy of said statements and financial information. National Business Sales & Valuations shall not be held liable for the veracity of such statements and financial information. In light of these circumstances, National Business Sales & Valuations strongly advises all prospective buyers of this business to obtain their own independent accounting, legal, and financial advice, as well as to conduct their own due diligence regarding the business. The image utilized is purely for illustrative purposes and serves to protect the privacy of the seller. It does not in any way depict the actual business or its products.
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