Iconic General Store in Prestigious Rural Landscape Business

Red Hill VIC
Asking Price $230,000

Weaved into the rich commercial tapestry of Red Hill through an iconic local following and commitment to community, The Red Hill General Store presents a wholesome offering with main road appeal. A local historical landmark itself, the ex-residential building retains a trademark aesthetic, with a long-running history as an operational General Store dating back over 80yrs (approx.).

Confirmed rejuvenation of the property's exterior (commencing January 2023), will mirror this thriving business' vitality, where average annual turnover sits at $494,000. Currently accommodating a family-friendly lifestyle, further scope presents to dramatically increase profits by expanding operating hours, championing the building's many rooms to broaden seated revenue, while tapping into the extensive tourist culture.

A selection of traditional 'milk bar' items balance a generous array of house-made delicacies including, fresh sandwiches, rolls and wraps, toasties, slices, cakes and muffins, with specialty coffee and daily specials finalising its unpretentious offering.

With an established clientele ranging from contractors and trades, to community-based residents and out-of-area travellers, the store has dedicated themselves to utilising mostly local produce and supplies, encouraging a deep connection to its landscape and local farmers.

  • Main road exposure, with dedicated local following
  • Operational for over 80yrs (approx.), a solid reputation sees Red Hill General Store as an iconic landmark
  • A historical building, the exterior is set for restoration commencing January 2023
  • Current average turnover sits at $494,000 (approx.) with ample potential to expand
  • Building extends beyond the shop front, encompassing three additional dining rooms, commercial kitchen, two bathrooms, bedroom, laundry zone, ample back-of-house storage, completely operational and fully-serviced cool room, delivery area with office space, and lush rear yard. All commercial equipment included
  • Currently leased until 2025, with the additional of recontracting until 2030
  • CPI review annually, Market Rent review every five years
  • Transition into the business is on offer with agreed terms
  • Dedicated to championing local farmers/suppliers and growers with 'mostly local' produce/products
  • Weaved into the community with deep ties to aspiring local artists, community groups and sporting clubs

For more information, please contact Mark Logue on xxxxx.

Contact this seller
Listed By:
Contact this seller
Listed By: