Unbeatable Rent! Supermarket with Fruit & Veggie for Sale in Melbourne Metro

Industry: Food/Hospitality - All, Services - All, Technology - All, Food/Hospitality - All, Services - All, Technology - All | Listed by: Network Infinity


Key Strengths:


About the business

Business for Sale in Victoria - Supermarket Fruit Veggie Grocery - Melbourne Metro

* Superb sales, COVID PROOF RECESSION PROOF BUSINESS
* Supermarket with Fruit & Veggie
* Highly visible. High foot traffic
Large premise with unbeatable rent combined with high takings is a rare find. This business has seen substantial growth in sales over the last three years and continues to grow. The current vendor wants to capitalise on the hard work by handing the baton to a motivated owner operator or an astute investor. Buy this business to generate solid income even during this COVID time. It has proven to be recession proof and COVID proof business! It's an Iconic business with over 20+ years of history and loyal clientele.

* Trial sales offered at $110,000 per week anytime
* UNBEATABLE Cheap rent. Effectively paying rent $1013 (ex) per week.
* 565 sqm premise with loading bay, storage and two large walk-in cool rooms. Has two forklifts, cardboard presser.
* High exposure, main road location
* Plenty of free parking available
* Established 20+ year old business with loyal clientele
* Selling fruit, veggies, groceries and meat. Meat shop is sub leased
* 188 Business Visa Suitable
* Asking $1,330,000 + Stock Appx $200K-250K


***EXCLUSIVELY LISTED WITH NETWORK INFINITY***For more information please contact Sam on
0427 836 110
Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.
Know someone that could be interested in this?
Asking Price:
$1,330,000
Yearly Profit :

----


Country

Australia

State

Victoria

Suburb

----


Postcode

3000

Locality

----

Established on

Contact the business


Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you