Go Vita Tuggeranong

Business Details

Looking to reap the rewards of the increasingly health conscious consumer? Do you want to own a profitable business which provides you with a manager’s salary well above the market rate? Want all the perks of being part of Australia’s most successful and exclusive vitamin and heath food buying groups?

Go Vita Tuggeranong has built its success from the health foods, supplements, clean eating, gluten free and vegetarian craze that has swept Australia over the past decade. The seller has decided that it’s time for a sea change and now they must sell this profitable business after 11 years of successful operations.

No other specialist vitamin retailers operate in the area, with the closest being the Go Vita Woden. This has provided the business with dominant position in the local vitamin market and the Tuggeranong locals know and trust Go Vita Tuggeranong to provide quality products and world class advice.

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 licencees 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 in to 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
Wages and salary $179,047.00 $3,443.21 $183,541.00$3,529.63 $185,630.00 $3,569.81
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 prep’d $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

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 : New Listing

Sale Method : Private Treaty

Investment Amount : $139,000 + SAV

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au