Categories: Food/Hospitality
Business for sale in Victoria supermarket for sale in Regional Victoria IGA for sale in Regional Victoria
Supermarkets located in a regional town can be very rewarding. This is a very rare opportunity to own two long-standing, highly profitable and established IGAs in two great Northwestern regional towns yet within 130 km of Melbourne CBD. Best in both Towns! Both are located within 30 minutes of each other, providing ease of management and staff movement.
1. IGA 1
*Weekly Gross Takings: ~$210K-220K
*Weekly Appx Rent ~$3,174 ex, only 2% annual increase
*Rent below 2% of the takings
*Long secured lease ~ 25 years
*GP 22-23%
*Fully staffed, 40 staff, including 5-6-line managers
*Shop has liquor, deli, grocery, and produce
*Owner had it for 8 years; shop is over 30 years old
*Shop size: approx. 700 sq m
*Excellent profits
It suits experienced operators or investors alike
Prospective buyers will be vetted
*Price: $2,400,000 + SAV
2. IGA 2
*Weekly Gross Takings ~$150K,
*Weekly Appx Rent ~$4,619 ex, only 2% annual increase
* Rent ~appx 3% of the takings
*Under semi management owner works part time. Full time owner operators will do well.
*GP 23%
*Long secured lease ~ 30 years
*Fully staffed, 30 staff incl 4-line managers
*Shop has liquor, deli, grocery, and produce
*Owner had it for 4 years; shop is over 30 years old
*Shop size: approx. 1200 sq m
*Excellent profits
It suits experienced operators or investors alike
Prospective buyers will be vetted
*Price: $1,500,000 + SAV
NOTE: Discounts are available for purchasers who are seeking to purchase both businesses.
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Disclaimer
The financial information and statements pertaining to the aforementioned business have been prepared exclusively based on the information provided by the vendor to National Business Sales & Valuations. Consequently, National Business Sales & Valuations does not provide any guarantee as to the accuracy of said statements or financial information. National Business Sales & Valuations shall not be held liable for the veracity of such statements and financial information. In light of these circumstances, National Business Sales & Valuations strongly advises all prospective buyers of this business to obtain their own independent accounting, legal, and financial advice, as well as to conduct their own due diligence regarding the business. The image utilized is purely for illustrative purposes and serves to protect the privacy of the seller. It does not, in any way, depict the actual business or its products.
