Go Vita Tuggeranong

Business Details

Anyone can profit from owning this long-established health food store.  Its a stable and secure industry the store operating for nearly 20 years.  The business consistently turnover $1,000,000+.
 
The current owner has owned for 11 years, and his intentions are clear.  The profits generated from the business have enabled him to purchase a property on the Gold Coast, and he intends on getting up there before 2018!
 
He has told us to look at all reasonable offers and sales proposals. Seller finance on the stock is an option and an observation period to understand the business is also on offer.  We will look at all offers.
 
Anyone could run and own this business. Health foods are one of the retail sectors that are consistently growing, and as the Tuggeranong Hyperdome resurges the store is ideally positioned to profit!
 
Take some time to consider the following:
 
 * Sales of over $1,000,000, PEBITDA of close to $130,000 in FY 2016;
 * Owner’s wages of $75,000 for the past 5 years consecutively, for 37 hours per week work.
 * Part of the Strongest buying group and Brand in the Health food industry.
 * Large up to date Data Base with over 13,000 members in the ‘Good Health Club.’
 * Large new public service office nearing completion close to the entry of the mall.
 * Diverse products range keeps revenue steady and consistent.
 * The Tuggeranong Hyperdome has ever-increasing foot-traffic, providing a large number of walk-in customers to the business.
 
Still not convinced?
On offer is a unique opportunity to join the exclusive Go Vita Group. Go Vita provides all licensees with incredible benefits which help them succeed over independent vitamin and health food retailers. Being aligned with one of Australia’s best vitamin suppliers means Go Vita Tuggeranong can generate large margins on the products it sells.
 
On top of this, the Go Vita group provides comprehensive marketing support, as well as a premium network with insight into changing trends in the health market.
 
To express your interest and receive our full Business Information Package (BIP), please email with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.
 
Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $1,040,611.00 $20,011.75 $1,084,333.00$20,852.56 $1,106,927.00 $21,287.06
Gross Profit $421,255.00 $8,101.06 $405,979.00$7,807.29 $432,388.00 $8,315.15
PEBITDA Being prepared $0.00 $126,753.00$2,437.56 $132,883.00 $2,555.44
Rent $120,488.00 $2,317.08 $131,447.00$2,527.83 $138,187.00 $2,657.44
Wages and salary $179,047.00 $3,443.21 $183,541.00$3,529.63 $185,630.00 $3,569.81

Business Summary

Canberra, Australian Capital Territory
Retail - Food Outlets - Deli & Health food shops.
  • Premises: Shop 1-159 in the Centre, being Shop 59A on Sublease Plan No. 3500
  • lease commenced on: 20 March 2011
  • lease expires on:  19 March 2020
  • Term of the lease: 9 years
  • Option: N/A
  • Bank guarantee: An amount equal to the total Base Rent, Variable Contribution, Rates, Taxes and Assessments and Promotion Contribution (plus GST) for 3 months or such less amount nominated by the Landlord in a written notice to the tenant.
  • Base rent: $89,250 per annum
  • Current monthly rent: $12,095.04 including GST, outgoings and promotion contributions.
  • Outgoings: $1,504.11 per month plus GST.
  • Annual increases: 5%
  • Percentage Rent Rate: 10%
  • Public liability insurance: $20,000,000
  • SQM: 110 SQM
One owner operator, five shop assistants.
9:00 5:30 Monday to Thursday 9:00 9:00 Friday 9:00 5:00 Saturday 10:00 4:00 Sunday
Owner operator, under licence agreement.

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty with sav

Investment Amount : $139,000 + SAV

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au