Location:
Melbourne - Greater > Victoria
Investment level:
$2,450,000
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores
It has been 12 years since this business was last on the market and due to the current owners looking to enjoy their lifestyle more it has become avai...
It has been 12 years since this business was last on the market and due to the current owners looking to enjoy their lifestyle more it has become available again.
This supermarket has been consistently returning the owners profits and results year in year out.
Currently the owners work part-time in the business but work more on the business than physically.
This means a hands-on owner operator would make even more profit than current owner.
At a round 500sqm the business is easy to run and with some improvements to the layout of the business there is certainly room to move and grow the business further.
Having the prime location in town that also has all the main Competitors this business has continued to power ahead even with the competition just down the road.
With all the key cost areas being controlled and a Gross profit at 24.5%+ this is a business has all the makings of an excellent owner operator or family run business.
Key Points:
• Owner works part time in the business
• Well supported by the community
• Liquor license
• Easy to run and well-maintained business
• A hands-on Owner operator could save $50k /year in wages.
• Prime Location in town
Business Snapshot:
• Weekly turnover 23/24 - $128,000
• Gross Profit of 24.5%
• Adjusted Net profit – $420k +
• Consistently returns profit year on year
• Opportunity to keep expanding range to grow business
This opportunity presents a fantastic chance for a motivated buyer to take over a successful and well-established business offering a comfortable lifestyle and substantial income.
The current owner and long-term staff have built up a strong reputation and will provide the incoming owner with support during the transition period.
For a business of this calibre that is thriving amongst the big guys as well has opportunity to do more inside the 4 walls is being priced at $2,450,000 +Stock would be a great investment for the long-term operator.
For more information, interested parties should contact Bruce Coudrey on 0411226888 or 1300 366 521.
FOR SALE: $2,450,000 + Stock
Contact the exclusive broker:
Bruce Coudrey
Benchmark Business Sales & Valuations
M: 0411226888
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: bus5524 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.
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