Thriving Cafe in Prime Corner Location, Ivanhoe, VIC

Description

Business type: convenience store and deli

Operating model: independent

Retail floor area: approximately 228 sqm

Private upstairs area: approximately 56 sqm

Lease term: 5 + 5 + 5 years

Lease security: through September 2040

Business overview

Established convenience store and deli with large retail premises and long-term lease security.

Community focus: strong

Operating flexibility: high

Infrastructure: extensive

Location

Position: central town location

Local school: directly opposite

Customer access: convenient

Community visibility: strong

Retail premises

Shopping floor: approximately 228 sqm

Fitout: high quality

Retail layout: spacious

Product range: extensive

Exclusive product lines: included in current range

Private upstairs area

Floor area: approximately 56 sqm

Private office: included

Lounge area: included

Separate rooms: included

Bathroom: included

Storage: included

Storage and facilities

Private loading dock: included

Storage capacity: ample

Cool rooms: three

Product handling facilities: established

Lease

Lease structure: 5 + 5 + 5 years

Lease expiry potential: September 2040

Rent level: approximately 6% of turnover

Turnover rent: none

Extended trading charges: none

Operations

Business model: independent

Brand restrictions: none stated

Buying group option: available

IGA option: available

Friendly Grocer option: available

Products

Current range: broad

Local product availability: strong

Customer convenience: high

Need for out-of-town shopping: reduced

Buyer profile

Family business: suitable

Owner-operator: suitable

Independent retailer: suitable

Existing grocery operator: suitable

Opportunity

Large independent convenience store and deli.

Long-term lease security.

Low-overhead occupancy structure.

Further branding and buying-group options: available.