Join LINK
Sell with LINK
As an owner, you know that every major business decision demands careful thought and preparation. And what bigger decision is there then choosing to sell? For over 25 years our experienced brokers have helped owners sell their businesses better with proven processes and complete confidentiality.
Buy with LINK
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. Register for business for sale alerts so you never miss an opportunity, and let us guide you through the process.
Knowledge Hub
Contact Us
We’re here to help. Get in touch and let the business sales experts help you on your next adventure.
Refer to Broker
Refer to Broker
Established in 1978 and acquired by the current owner in 2009, the supermarket has long served the community with household items, pantry supplies, miscellaneous commodities and liquor, earning a devoted customer base with virtually no competition. The business is strategically located in a commercial strip with ample foot traffic, surrounded by a dense residential zone.
*EBPITDA /Seller Discretionary Earnings $255,000 p.a.
*P&E valued at $200,000
*740 sqm premises
*46 years of operation
*Current owners retiring after 15 years
*No direct competition
*Low overheads
Sanjay Agrawal and the team at LINK Melbourne are thrilled to present a long-established supermarket in Melbourne to the market.
Since its inception in 1978 and subsequent acquisition by the current owner in 2009, the business has established itself as the community’s preferred provider of household goods, food items and assorted merchandise. With its strategic commercial strip location and devoted customer base, the business has sustained an excellent financial position, maintaining a 35% profit margin and deriving Profits (EBPITDA) of circa $5,000 per week.
The business's vast 370 sqm shop premises are supplemented by an additional 370 sqm hall space for office/resting/living/storage on the second floor with working Kitchen and two toilets.
Assets valued at $200,000 are included in the sale consisting of a coolroom, display shelves, fridges, checkout counters and multiple POS systems. Existing plant and equipment ensure the immediate continuity of business without the need for significant capital investment post-settlement.
A husband-and-wife team manages day-to-day operations, resulting in low overheads. Overall, the business’s internal structure, outstanding reputation and existing resources present an enticing opportunity for prospective purchasers to acquire a lucrative business in an unchallenged market.
To gain more information on this business acquisition prospect, give Sanjay a call today!
Listing ID: ME02954
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: sanjay.agrawal@linkbusiness.com.au
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.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Register your details and receive priority email notifications about businesses for sale that meet your preferred price range, location or industry.
Browse by industry
"*" indicates required fields