Home Business For Sale Profitable IGA with Lifestyle and Opportunity 2 hours from Melbourne
For Sale
Reference Number: bus5524
2 weeks ago
134 Views

Profitable IGA with Lifestyle and Opportunity 2 hours from Melbourne

Listing Price: $2,450,000 + Stock
Victoria
Melbourne - Greater

It has been 12 years since this business was last on the market and due to the current owners looking to enjoy their lifestyle more it has become available again.
This supermarket has been consistently returning the owners profits and results year in year out.
Currently the owners work part-time in the business but work more on the business than physically.
This means a hands on owner operator would make even more profit than current owner.

At a round 500sqm the business is easy to run and with some improvements to the layout of the business there is certainly room to move and grow the business further.
Having the prime location in town that also has all the main Competitors this business has continued to power ahead even with the competition just down the road.

With all the key cost areas being controlled and a Gross profit at 24.5%+ this is a business has all the makings of an excellent owner operator or family run business.

Business Snapshot:

Profit: $420k +
ROI: 24.5% p/a
Earning Type: EBITDA
Weekly turnover 23/24 - $128,000
Consistently returns profit year on year
Opportunity to keep expanding range to grow business

Summary

This opportunity presents a fantastic chance for a motivated buyer to take over a successful and well-established business offering a comfortable lifestyle and substantial income.
The current owner and long-term staff have built up a strong reputation and will provide the incoming owner with support during the transition period.

For a business of this calibre that is thriving amongst the big guys as well has opportunity to do more inside the 4 walls is being priced at $2,450,000 +Stock would be a great investment for the long term operator.

For more information, interested parties should contact Bruce Coudrey on 0411226888 or 1300 366 521.

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