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Middle Eastern SupermarketAdvert Id: 297802
Location:Glenroy, Melbourne, Victoria
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Well established, busy, easy, and great value supermarket located in northern suburbs of Melbourne.
Price $260,000 + SAV
Features of this opportunity include:
- Premium location with 3 shop fronts on the main road
- Trading Hours: 7 days Mon-Sun 9:00am-8:00pm
- Lots of regular loyal clientele of all ethnical back grounds
- Selling all middle eastern, Afghani, Iranian, Indian, Pakistani, Sri Lankan grocery including Cutlery, Crockery, Linen, Glass ware and Carpets.
- Successful business with plenty of room to grow
- Sales $ 1million per annum Approximately
- Profit Margin 25% to 45% on Most of the Products
- Flexible lease with very low rent of $1100 Per Week
- Strong return on investment
- No direct competition from big players within close proximity
- Surrounded by strong multiculture family community
- Entrenched in the area with reputation for quality and price
- All equipment like fridges, shelving, registers, etc fully owned and included
- Vendor Finance is available for approved and qualified purchasers Conditions apply
For more information and to arrange an inspection upon completion of confidentiality agreement, please contact-
Aviral Aggarwal on [Phone Number Censored]
Email: [Email Censored]
***** Exclusively Listed with Oxbridge Property Group*****
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
- Selling Assets: Everything in the shop
- Is Business Relocatable?: No
- Is Business Home Based?: No
- Years Established: 2016
- Employees: 4
- Trading Hours: 9:00 - 8:00
- Support Training: Training will be provided by the owner
- Reason For Selling: NA
- Company Details : Oxbridge
- Agent Detail : Aviral Aggarwal
- Phone : Click here for phone number
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