$1,750,000 PREMIUM ORGANIC WHOLEFOODS STORE | MELBOURNE

For Sale: $1,750,000





Business Overview

There has never been a better time to get into the organic and health foods space, let alone find an opportunity as rare as this to acquire a market leader in it. This is a unique opportunity to secure one of Melbourne’s most expansive and well-established organic whole food stores.


Organic foods have been a constantly evolving staple of our daily lives for some time, and it continues to grow (pun intended). With people of all ages and demographics prioritising their nutrition, health, sustainability, and environment, this long-established business is in a prime position for a new owner to continue and exceed its current success.


Featuring thousands of products and consistent strong sales, this business sells one of the largest ranges of biodynamic and organic wholefoods and grocery lines. There is a professional team in place, loyal customer base, long lease, and strong retail sales of both in-store and online.


Currently family owned and operated, this is the perfect opportunity for an existing industry buyer, health-conscious entrepreneur, or another family to step in and take the reins.


 


Features

  • Product catalogue of thousands across organic wholefoods and grocery lines

  • Expansive, well-established store in prime location with long lease and low rental expense

  • Strong sales both in-store and online, over $5.9M in FY22

  • Turnkey opportunity in growing industry

  • Large loyal customer base

  • High-quality establishment and infrastructure including elaborate operating software

Financials

  • Net Revenue: $5,930,154

  • EBITDA/Net Profit: $438,626


*Financials reflect FY22 normalised accounts


Premises

  • Annual Rent: $139,022 (2.1% of Turnover)

  • Term Options: 1 year + 5 year + 5 year | Ending August 2033

  • Annual Increases: 3%

  • Square Meterage: 385

  • Current Operating Hours: Open 7 days


 

Buying a business is easy with Vision


"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process."


Daniel Kogan

Senior Partner

Licensed Business Broker


e:  daniel@vbaaustralia.com.au

m: 0401 620 918

t:   (02) 8923 2632



Dan Levitus

Senior Partner

Licensed Business Broker


e:  dan@vbaaustralia.com.au

m: 0450 326 146

t:   (02) 8923 2632




The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained in this business.