Lethbridge General Store
Lethbridge General Store
Sold: The perfect general store working part-time with six-figure returns. The Lethbridge general store comes with a two-bedroom leasehold situated in the Golden Plains Shire, nestled on the Midland Highway between Bannockburn and Meredith.
The general store has a great mix of products ranging from newspapers and magazines, general groceries, cold drinks, fresh sandwiches, gas bottles, cigarettes, alcohol, pizza, fish and chips, coffee, and a full breakfast menu, all takeaway. Services provided include Australia Post general postal services, V/Line tickets sales, and Elgas Swap & Go bottle supply.
The Australia Post contract is commission based and all equipment for running the post office is supplied by Australia Post. As a V/Line accredited agent, the sales system is commission based per ticket sold. The Lethbridge general store is the local store that offers it all.
The key features of the business are:
• In demand from COVID-19 with more customers popping in for their general goods over battling the crowds at supermarkets.
• Large loyal following.
• Fresh new items on the menu regularly.
• High food quality and friendly trained staff.
• Great range of products and services diversifying income.
• Only store in Lethbridge.
• Local cafe, general store and alcohol retailer.
• Fast food for people wanting fresh food and convenience.
• Additional services, Australia Post, Elgas Swap & Go, and V/Line ticket sales in-store.
• Ongoing developments bringing in new residents and tradespeople coming in for smoko and lunch.
• A two-bedroom residence and double garage included in the lease to live in or sublet/ used for storage.
Why is this business successful?
The residents of Lethbridge frequent the General Store, families visit daily for milk, bread and ice creams. Truckers stop by to grab some lunch and a cold drink. Farmers come for takeaway breakfast and employees frequently stop in for snacks and lunch items. The local community love the convenience of the General Store as it allows them to purchase items needed without having to travel to visit a busy supermarket.
With new estates opening in Lethbridge, new homes are still being built and the number of residents is on the rise. The tradespeople from these developments are still operating and frequent the store for a snack or meal. The General Stores outdoor area allows for plenty of space (1.5 meters plus) for smoko, and to make use of the facilities for business purposes. A nice spot for tradespeople to safely take a break, especially in the mornings and afternoon.
The store ensures it is well stocked and the food is always kept fresh whilst looking after staff safety with distancing measures in place. There are meal deals and specials for takeaway items. Offers are advertised via signage and posting on the Facebook page. The menu is regularly updated and kept exciting to keep things fresh for the locals. The food is second to none and the staff do their utmost to provide excellent service.
The current vendors time in the store has been prosperous. The weekly sales figures continue to grow with land development in the surrounding areas bringing more and more people to the town. Surprisingly COVID-19 has made the store preferred even more for the essential shop over the busy supermarket.
If you are looking for the perfect country town business trading strong with COVID-19 restrictions, and just stone’s throw away from Geelong, The Surf-Coast and Melbourne, then enquire now.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Under Offer: $225,000 + SAV
Finn Business Sales
Geelong and South West Victoria
Office (03) 5259 9970
Broker: Laurie Farrell
0418 339 230