Supermarket in South East, Taking $87,000 p/w, with $550k Asset Value

Melbourne VIC
Asking Price $920,000
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 rented-out to a team of operators

- 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 $4.6 million

- 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


M. xxxxx
E. xxxxx

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