Price
$668,000
Profit *
Refer to Broker
Sales Revenue
$2,080,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Convenience Store
Listing #
ME03131
High Gross 33.8% Margin, Taking $40,000pw & growing, Easy operation. Semi Under Management
LICENCED SUPERMARKET – Taking $40,000pw and growing in popular Geelong district. In excellent corner, high exposure Main Rd location next to key retail outlets and establishments including adjacent motels and lots of multistorey developments.
This superb business with high 33% gross margin is constantly on the improve being run semi-under management and offers
*Long secure lease of 15 years with reasonable rent & outgoings
*400m2 premises plus a very good dwelling
*Well equipped business, easy to manage with rear lane way & parking.
*Desirable position in the heart of popular Geelong business district.
Genuine Vendors, Keen to sell due to other business commitments, tremendous cash flow & great value at $668,000
Call Jamal Dabab to arrange an appointment on 0411 305 556 or via email [email protected]
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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.
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