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Local Grocery, Deli, Fruit And Vegetable Store For Quick Sale

Hoppers Crossing, Victoria, Australia
Asking Price:
$295,000 WIWO
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Price: $295,000 WIWO
- Categories: Food/Hospitality
THIS BUSINESS IS UNDER OFFER/SALE'S CONTRACT CURRENTLY!

Prime Location with High Potential:
In the western suburb of Melbourne, about 15 km from Melbourne CBD, this mini supermarket is in a traditional shopping strip surrounded by neighbourhood stores. Ten to twenty stores sell fresh foods mainly, which sounds like the local fresh market. Ample parking with easy access. This store is the best location on the shopping trip.

Possibility of Products Expanding:
This well-established grocery store features a wide variety of products, including:
Sales Breakdown: Delicatessen (about 20%), Grocery (about 25%), Fruit and Vegetables (about 55%). However, with the growing population locally, coffee or bakery can be expanded in category.

Excellent Facilities:
The store has ample space with a two-storey building, approximately 530 m². It has a large walk-in cool room with forklift access and a spacious storage section.
The office, kitchen and storeroom upstairs provide ample room for growth and improvement.

Business Performance and Features:
Revenue:
FY2022: $2,534,623
FY2023: $2,089,916 (adjusted)
FY2024: $1,728,626
Rent: $11,803 pm incl GST
Lease: two years remaining plus two options of five (5) years each.

Opportunity for Growth:
The business is underperforming significantly; this is a fantastic opportunity for industry players. Grocery stores are essential businesses with a consistent customer base and the advantage of accessible locations in the heart of the local community.

Price massive cut for quick sales:
The vendor's reasons for cutting the massive price for quick sales, the reasonable offer to the business of $295,000 with all stocks and everything operating in business ( no truck, fruit and vegetables are delivered by a third party), walk-in-walk-out, no time waste!

Contact Information:
Take advantage of this chance to own this promising business. Contact Roger at ---------- to schedule a confidential inspection and learn more.

A confidentiality agreement and personal ID copy are required before obtaining the shop address and business information. This revised version aims to be engaging and attractive to potential buyers while providing all the necessary details clearly and concisely.

Roger Zhao
Specialist Business Broker
Galaxy Business Agency
M: ---- --- --- E: [email protected]
The Confidentiality Agreement and Personal ID copy are required before obtaining the shop address and related business information.