Price
$365,000 + SAV
Profit *
Refer to Broker
Sales Revenue
$1,008,166
Location
Frankston, Frankston South
Category
Food/Hospitality, Convenience Store
Listing #
ME03408
An incredible opportunity to own a well-established convenience store and Tattslotto business in a prime location in Melbourne's south-east.
This business offers:
Steady Income: Loyal customer base with consistent foot traffic.
Tatts lotto Agency: Official Tatts lotto retailer, adding a profitable and reliable revenue stream.
Fully Equipped: All essential fixtures and equipment included. The store comes fully equipped with key high-quality fixtures, including walk-in cool room, slushy machine, coffee machine, modern security system with 12 cameras and complete POS system. All the upgrades have been completed, and you can simply move in and start generating income.
Great Location: Situated in a high-visibility area, attracting both locals and passersby.
Potential for Growth: Expand services, stock, or operating hours to increase profitability. An immediate opportunity to increase sales by adding tobacco products, not being sold currently.
Perfect for a motivated owner-operator or as an addition to an existing portfolio
Financial Snapshot:
*Annual revenue of $1,008,166 generating strong cash flow
*Healthy gross profit of $238,420
*Monthly rent of $5,324 with secure 10-year lease (5+5 remaining until 2036)
Ideally located in a busy shopping strip along a main road, this well-established business is a true one-stop destination for daily essentials, offering groceries, household items, fresh coffee, hot and cold takeaway foods, BPAY, Post/Parcel Point services and foreign currency exchange.
Operating seven days with convenient hours, the business is supported by a loyal community-based customer base with ample parking and a spacious, well-presented layout.
Contact Sanjay Agrawal today to secure this business before it's gone!
Listing ID: ME03408
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.
