Low Rent Supermarket For Sale In Mornington Peninsula | 188 Visa Suitable

Business For Sale Mount Eliza, Victoria 3930

Business Category Supermarket

$1,700,000

Description

Low Rent Supermarket For Sale In Mornington Peninsula | 188 Visa Suitable

Businesses for sale Victoria - Supermarket for Sale - Mornington Peninsula

EXTREMELY LOW RENT COVID PROOF, NO COMPETITION , UNDER MANAGEMENT LONG STANDING STORE, SAME OWNER
Mornington Peninsula has a superb lifestyle and it's been a great location for working and living. Mornington Peninsula is a very sought after area due to it's proximity to the picturesque beaches, amenities and relaxed lifestyle This business has a long successful history and the profitability of the business will surely impress the buyer. It's not just a business but you are also buying a lifestyle for you and your family. It's a rare business with high takings and low rents that you are unlikely to find within greater Melbourne.

*Weekly Avg sales $100,000+ (ex GST)
* Extremely low rent $1673 (ex GST) PW
* GP Appx 20%
* Running essentially UNDER MANAGEMENT for the last six months
* Long running established business by the same owner
* Plenty of free parking available
* Truly recession and COVID proof business
* Long 24+ years of secured lease
* Excellent profit and ROI
* No immediate competition
* Low overheads
* Huge premise appx 400 sqm
* Suitable for owner operators and investors alike
* Supermarket and other essential business prices have increased in recent years but the asking price is kept at a very reasonable level for a quick sale
* This business is also suitable for Business Visa Subclass 188 visa holders
* Asking $1,700,000 + Stock at Valuation

***EXCLUSIVELY LISTED WITH NETWORK INFINITY*****

For more information
please contact Sam on

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Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Sam Razzak

Bsale ID: 542560
Broker REF: 2172

Network Infinity
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