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Refer to Broker
$1,196,000
Business Broker
Melbourne
Currently on offer is a grocery store that diversifies its revenue stream by operating as a bottle shop, newsagency and Australia Post all in one venue. It serves a broad range of customers, ranging from locals to tourists.
*7-day operations
*$23,000 average weekly takings
Kristy Kolaitis and the team at LINK Melbourne is thrilled to bring to the market this grocery store. Aside from being a grocer, it operates as a newsagency and bottle shop. Approximately 50% of its revenue is derived from alcohol sales alone. Moreover, locals have made the business their shop of choice for a wide range of products.
Aside from locals, the business serves plenty of tourists on weekends. It is strategically positioned in close proximity to a major highway, making it highly accessible to customers throughout Regional Victoria.
The business may continue operating at its strategic location over the long-term. It has secured a 5+5-year lease agreement with a weekly rent of only $750.
Operating the business are one full-time staff member and two owner-operators. Its simple operations enable a small team size, which enables it to benefit from low wage costs.
To learn more about this incredible opportunity, contact us today! We would be glad to provide more details to qualified purchasers.
Listing ID: ME02713
Broker: Kristy Kolaitis
Phone: 0421 136 415
Email: kristy.kolaitis@linkbusiness.com.au
*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.
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