Listing status: Inactive

Payment not completed Reason: --

Melbourne Beachside Fruit and Vegetable Store price cut for Sales

Melbourne Beachside Fruit and Vegetable Store price cut for Sales

Preview Listing

Location Details :

Country

Australia

State

Victoria

City

Hampton


Industry :
Food/Hospitality
Sub Industry :
Convenience Store

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

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 competitionthe 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.

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