The Allergy Centre Jamison

Business Details

The Allergy Centre / Go Vita Jamison

The Allergy Centre Jamison is a business that hasn’t just survived but thrived, and now, after 24+ years of continuous ownership, Costas must sadly say farewell.

You will say good buy! You will because it’s profitable, the business has a loyal customer base, and Costas has done all the hard work after near-on 25 years of ownership.

Weekly sales were $25k per week, or $1.3mil in 2018, and $24k per week, or $1.25 million in 2017, and for 20 hours a week, Costas generated $165,000+ in owner profit.

The business is highly efficient and operates only 58 hours a week with 4 staff members, who, as Costas informs us, are very keen to stay on and help the incoming owner serve the band of loyal customers.

Even though it’s perfectly positioned next to the entrance of one the busiest major supermarkets in Canberra, Coles Jamison, the rent is remarkably low, at less than $60,000 per annum or 5% of turnover.

Capital Commercial Business Sales has a complete business information package for this offering. If you have an interest in buying, please send your full name, contact email, and phone number expressing interest.

Financial Snapshot

Reporting Period 2018 Weekly Average 2017 Weekly Average 2016 Weekly Average
Sales $1,347,706.00 $25,917.42 $1,255,941.00$24,152.71 $1,280,582.00 $24,626.58
Gross Profit $467,554.00 $8,991.42 $439,617.00$8,454.17 $444,528.00 $8,548.62
PEBITDA $166,282.00 $3,197.73 $140,506.00$2,702.04 $165,477.00 $3,182.25
Rent $61,184.00 $1,176.62 $57,912.00$1,113.69 $57,912.00 $1,113.69
Wages and salary $137,156.00 $2,637.62 $105,537.00$2,029.56 $90,163.00 $1,733.90

Business Summary

Canberra, Australian Capital Territory
Retail - Food Outlets - Deli & Health food shops.

The premises are leased.
• Lease commenced on: 1 November 2016
• Lease expires on: 31 October 2024
• Term of the lease: 8 years
• Option: N/A
• Bank guarantee: 3 month’s rent plus GST - $15,809.58
• Base rent: $50,177.52 plus GST
• Current monthly rent: $5,269.86 plus GST
• Current outgoings: $834.17 per annum plus GST
• Rent review manner: 4% per annum on 1 November each year
• Promotion levy: N/A
• Percentage rent: N/A
• Public liability insurance: $20 million
• SQM: Approx.  91 SQM

Employees consist of: 2 Owners 1 Manager 1 Assistant Manager/Naturopath 1 Naturopath 1 Shop Assistant
58 hours
Owner operated Licenced retailer of the Go Vita Group

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Private Treaty

Investment Amount : $650,000 + SAV

Stock at Value : $125,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au