Price
$225,000 + SAV
Profit *
$160,000
Sales Revenue
$1,300,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Convenience Store
Listing #
ME03080
This newly established supermarket offers a solid business venture in a high-demand inner suburb location. The supermarket features spacious 350 sqm premises with an organised shopping layout. Focused on fresh produce, pantry items and a premium liquor selection, the business derives impressive weekly revenues. With a secured long-term lease and an attractive location, this lucrative business opportunity is set for continued success.
*Taking $1,300,000 PA
*Net profit of $160,000 PA
*Long-term lease of 25 years
*Minimal staffing requirements
*Spacious storage area with an upstairs space
*Premises are fully secured with surveillance systems
*Some Vendor Finance Available for Qualified Buyers
Sanjay Agrawal and the team at LINK Melbourne are excited to present this profitable and growing supermarket in North Melbourne to the market.
Located in the inner suburbs of Melbourne, this newly established supermarket offers an extensive grocery selection, including liquor. Since its opening, it has quickly appealed to residents and businesses needing supermarket items.
The business operates with minimal staffing required, including one full-time Manager and two part-time staff members, keeping its overheads low.
Located in a highly trafficked area, the business spans a spacious 350 sqm premise, equipped with the latest fixtures and fittings, including a walk-in cool room and multiple display fridges. The supermarket also benefits from a long-term lease, ensuring stability for years. Additional rental revenue from the subleased shop and accommodation next door which are part of this supermarket lease.
With an enhanced marketing and advertising strategy, this supermarket will grow and succeed under a new owner.
This easy-to-operate supermarket is well-suited for new or experienced business owners seeking to acquire a business set for immediate success! Give Sanjay a call now!
Listing ID: ME03080
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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