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Supermarket for Sale in South East Melbourne | 188 Visa Suitable

SELLING PRICE

$1,600,000.00

LISTING AGENT

Sam Razzak

OVERVIEW

  • Listing ID 2389
  • Price $1,600,000.00
  • Categories Supermarket

Details

Business for Sale in Victoria - Supermarket For Sale - Melbourne South East 

Network Infinity is please to bring to the market an outstanding independent supermarket, catering to a niche and upmarket clientele. It’s a RARE opportunity to own a highly profitable independent supermarket.

*Established over 20 years ago, this business has nurtured an enviable reputation for quality of product and excellence of service - and it has cultivated a loyal following and expansive customer base.

*The business is well-structured and benefits from 2 owner-operators, supported by 3 key staff members and 10+ operational staff members.

*A long lease agreement of 10+10 years is in place - with 1 year left on the first term of 10 years. Longer lease is available from the landlord. Business comes with a very reasonable low rent.

*One of the key features of this business is its prime position in a growth corridor of Melbourne - poised to experience major changes with multiple commercial and residential developments underway.

* Adjusted Net Profit $762,725

* Sales breakdown - Grocery (~27%), Deli (~30%) and Fruit & Veggie (~33%). Deli has the highest margin of all

* Business has loyal clientele from all over Melbourne

* Plenty of free parking available.

* Large underutilised premise with multiple storage facilities – opportunities available for the new owner to setup a small café inside, introduce liquor and seafood to boost sales further.

* If required, vendor will remain in the business for up to 3 months post settlement to provide assistance to the new owner.

* Business can be run under management.

*A robust financial performance has generated consistently high returns to its ownership, making this a truly remarkable opportunity! 

* Asking $1,600,000 + Stock At Valuation

* ONLY SERIOUS GENUINE BUYERS TO QUERY

***EXCLUSIVELY LISTED WITH NETWORK INFINITY***

For more information 

please contact Sam on

0427 836 110

Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image(s) used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.



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