Food And Variety Discount Warehouse In Melbourne For Sale

Business description

* Turnover in excess of $3.5 million

* Extensive product range including major brands

* Loyal customer base

* Management team in place

* 7 day operation

Property information

Real Estate:

Lease

Lease terms:

5 years from July 1, 2008 plus 5 year option

Leasehold rent:

$215,000 per annum

Location:

Located in the western growth corridor of Melbourne

Premises details:

Very substantial warehouse outlet of approximately 2000 sq ms. Plenty of car parking and access for large vehicle delivery. The lease runs until July 2013 with a further 5 year option available.

Business Operation

Expansion potential:

Possible to replicate the business model across Melbourne and beyond.

Competition / Market:

This business is unique in the area

Reasons for selling:

Health of owner

Trading hours:

7 days a week; 9.00am to 5.30pm Monday to Wednesday; 9.00am to 7.00pm Thursday and Friday; 9.00am to 5.00pm Saturday; 10.00am to 5.00pm Sunday

Employees:

1 Full time store manager; 2 asistant store managers (FT); casual store assistants; owners work part time

Years established:

3 years

Other information

Support & training:

The owners are committed to providing full support after purchase

Inventory / Stock value:

$850,000