Supermarket, East of Melbourne, Revenue of $82,000 p/w, with $550k Asset Value

Melbourne VIC
Asking Price $920,000
About
A well-established and Rapidly growing Supermarket / Mixed-Retail Store

- In an Eastern Suburb of Melbourne, a prime location surrounded by some known and high-traffic retail stores

- An artfully designed store with state-of-the-art fit out and top-notch equipment, creating an inviting shopping environment

- a massive 1,250sqm store, offering variety of products inc. Grocery, Fresh Produce, Deli, Liquor, Pantry Essentials, Health & Beauty Products and more

- Part of the store is also a greatly-equipped Cafe with it's own indoor & out-door seating area, currently run and managed by a professional team

- Plus a fully-commercial kitchen featuring top-quality and high-value equipment, enabling future expansions and opps (such as catering services)

- Current Asset Value estimated at around $550,000 (included in the sale)

- Business currently operating under management, with the owner overseeing accounts, financials, and staff rostering only.

- Strong Financial performance with consistent Sales & Profit Growth over the recent years

- Current Annual Revenue of $4.29 million (excluding the extra $1m revenue from the Cafe!)

- A reasonable Rental Fee (around 7% of revenue), with long secured lease in place

- Selling due to moving interstate, leaving this exceptional opportunity for the new owner to continue developing this rapidly growing business with HUGE amount of potentials

- Asking Price: $920,000 +SAV




PLEASE CONTACT "SAM VASLI" FOR MORE INFORMATION ON THIS UNIQUE OPPORTUNITY.

M. xxxxx
E. xxxxx


(Please note, the photos in this Ad are not necessarily the business photos, and are used for illustration purposes only)
Ref Num: eagle_1305542
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