Rare Leasehold Supermarket – South Hobart

Rare Leasehold Supermarket – South Hobart — Retail · South Hobart · Asking $799,000 · Revenue $2,860,000

Well-established independent supermarket in South Hobart, trading for more than 50 years Diverse product range including fresh produce, meat, bakery, ready-to-eat meals and general grocery lines Fully refurbished within the last five years, including new flooring, lighting and equipment Approved commercial kitchen with scope to expand into catering and ready-to-eat meals Long lease secured until…

DealProspect/Listings/Retail

Rare Leasehold Supermarket – South Hobart

Supermarket

ActiveRetailTasmaniaB2C

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Asking price

$799,000

Disclosed · AUD

Revenue

$2,860,000

TTM

Earnings (est.)

~$326,040

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.5×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established independent supermarket in South Hobart, trading for more than 50 years
Diverse product range including fresh produce, meat, bakery, ready-to-eat meals and general grocery lines
Fully refurbished within the last five years, including new flooring, lighting and equipment
Approved commercial kitchen with scope to expand into catering and ready-to-eat meals
Long lease secured until March 2040; optional four-bedroom apartment accommodation available separately
Operating successfully under part-management due to the owner's health, with an experienced long-serving team

Priced like this one

nearest on the figure this listing states