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https://networkinfinity.com.au/en/listing/2389/Supermarket-for-Sale-in-South-East-Melbourne-188-Visa-Suitable
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
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