Melbourne Beachside Fruit and Vegetable Store price cut for Sales

Convenience Store Fruit/Veg Supermarket
HAMPTON

THIS BUSINESS IS UNDER SALES CONTRACT!


(I'd like to remind you that the store location is not an exact suburb named; to verify the precise location, it is necessary to agree on a confidential agreement.)

This well-established fruit and vegetable store is in Melbourne's south-eastern local shopping strip near the beach. Over four decades, the store has offered high-quality products to the local community. Its strategic location is near a supermarket, only a green store in the area, and there is no competition—the stable clients from restaurants, age care and local schools.

This unassuming fruit and vegetable store with a walk-in cool room and a spacious loading area at the rear. The business price includes all equipment, including truck and forklift.

Key Highlights of the Business:

• Superb location within the local shopping strip.
• Well-maintained and attractive displayed store.
• An established customer base that values the store, leading to repeat business.
• Fully equipped premises, including a truck and forklift.
• The lease agreement includes three designated parking spaces.

Notable Financial Figures:

• The weekly gross sales are between $22,000 to $25,000; $26,000 to $28,000 in summer.
• The owner indicates the trial in any period will not be less than $22,000 per week.
• Rent amounts to $1,238 per week, plus outgoings and GST.
• Long and security of the lease terms.
• Husband and wife work full-time, and three part-time employees.
• Business purchasers are looking for adjusted PEBITA between $110,000 to $130,000 pa.

The motivated vendor is seeking a buyer and has cut the price to $190,000 plus a stock value of about $40,000.


To obtain the specific address and comprehensive Business Information, interested parties must first adhere to the confidentiality agreement requirements, which include providing a signed confidentiality agreement and a copy of their identification.

Contact Roger at 0404034777 to schedule the store inspection and have more business details.

Roger Zhao
Specialist Business Broker
Galaxy Business Agency
M: 0404 034 777
E: roger@galaxybusinessagency.com.au

A confidentiality Agreement and copy of personal ID are required before obtaining the address and the Confidential Information Memorandum. For more information about this confidential requirement, please visit our website, www.businessbrokersnetwork.com.au.

Business Financials

Summary

  • Listing ID 19727
  • Status Sold
  • Location HAMPTON
  • State Victoria
  • Price SOLD

Contact Broker

Roger Zhao
Roger Zhao

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