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Listing ID: 2906066

68/063 Ideal Tree Change - Well Established Profitable General Store For Sale

Upper Beaconsfield, Melbourne, Victoria, Australia

AU$ 250k to 500k

(Furniture / Fixtures and Inventory / Stock included)

Revenue: AU$ 500k to 1m

Cash Flow: not disclosed

Business Description

This is an established, profitable business offering a great opportunity for a tree change while also providing a secure future with multiple income streams.

The business offers a full range of hardware supplies and services, including a great range of building and garden supplies, a key cutting service, paint mixing, and fire wood supply. Also on offer to its customers is an authorised Swap and Go gas bottle ex-chang, on-site re-fill for BBQ bottles and gas supply tp the community - the third largest tornover item for the business. A water cartage service operates year round and is heavily utilised during the summer period. The store’s eclectic range has meant that locals and visitors can almost always find what they are looking for.

Business Features
*Long standing business with a strong local reputation
*Strong base of regular customers
*Complete year round service business with numerous revenue streams
*Account system for local customers
*Seven days a week business
*High growth residential corridor with large numbers of new homes being built and renovated
*Large numbers of young families moving into the area
*Diverse range of products and services with seasonal firewood and water delivery being the highest turnover items to provide a steady annual turnover.

Please contact for more details.

Property Details

Size:

Lot One: • Commenced on August 1, 2011 • 10 year term • 2 x 10 year options available • Starting rent: $15,000 plus GST pa. • Fixed 3% yearly increase • Current rent is $16,800 plus GST Lot Two: • Commenced on August 1, 2011 • 10 year term • 2 x 10 year options available • Starting rent: $43,000 plus GST pa. • Fixed 3% yearly increase • Current rent is $48,160 plus GST

Years Established:

80

FF&E:

AU$ 220,000

Inventory Value:

AU$ 120,000

Other Details

Business Location:

Prominently located on a main road, one of the main tourist drives the business has been a part of the local community for over 80 years. Located in a close-knit township, this profitable hardware, authorised newsagents and general supplies business has been servicing the community for over 80 years. This is an established, profitable business offering a great opportunity for a tree change while also providing a secure future with multiple income streams.

Premise Details:

The General Store has a great position on the area’s main access route, Although the General Store has been trading from the same location for over 80 years, the premises have been completely rebuilt. The store’s solid brick shopfront is easily seen from the road and is topped off with an attractive bullnose veranda, making street signage and promotion material easy to display. The huge premises provide plenty of room for the store’s diverse range of hardware, building and garden supplies and include numerous compost, soil, gravel and sand lots. The business’s feed shed is housed in a large warehouse with room to expand. Inside, the shop features a modern, light-filled retail space with separate kitchen, toilet and store room, as well as access to the feed shed.

Expansion Potential:

• Expand the range of timber and building products • Expand the range of hardware products • Further develop business arrangements and accounts with local tradies • Adopt a rewards card • Increase sales as younger families move into the area • Develop a greater online presence with a dedicated business website • Create an online store for sales and deliveries

Operation Details

Employees:

The General Store is currently operated by the two owners working full time with the assistance of nine casual staff members.

Trading Hours:

• Monday: 6.30 am to 6 pm • Tuesday: 6.30 am to 6 pm • Wednesday: 6.30 am to 6 pm • Thursday: 6.30 am to 6 pm • Friday: 6.30 am to 6 pm • Saturday: 6.30 am to 5 pm • Sunday: 8.30 am to 3 pm

Support & Training:

Handover The vendor has offered two weeks assistance to the new owner following the final settlement.

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