Price
$145,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Retail, Homeware/Hardware
Listing #
ME02937
On offer is this established $2 dollar retail store, located in a local shopping centre in Melbourne's eastern suburb, which has been successfully operating for over two decades. The store offers a variety of inexpensive household goods and gifts and benefits from its prime location between two major supermarkets and various other retail outlets.
*Spacious 190 sqm premises
*Annual takings of $442,000
*Strategic location
*Streamlined operations
*Secure 12-year lease
*Net profit of $104,000
John Zhang and the team at LINK Melbourne are thrilled to present a profitable retail store in Melbourne’s eastern suburbs to the market.
Established for 23 years, this retail business offers a diverse range of inexpensive household goods and gifts, catering to a broad customer base seeking everyday essentials and unique items at competitive prices.
The business is strategically situated in a high-traffic shopping centre in Melbourne's eastern suburb. It benefits from its position between two major supermarkets and various other retail outlets, ensuring a steady flow of customers.
The retail store occupies a spacious 190 sqm area, providing ample room for product display and customer movement. The premises come with a favourable lease agreement convenient for the new owner.
The business is designed for efficiency, requiring minimal staffing, making it an ideal opportunity for an owner-operator. The current setup allows it to be run by one person, significantly reducing overheads and operational complexities.
This well-established, high-profit retail store offers a unique opportunity for a new owner to take over a thriving business with a strong customer base and a secure lease in a prime location. With its consistent financial performance and minimal staffing requirements, this business is positioned for continued success and growth.
Listing ID: ME02937
Broker: John Zhang
Phone: 019 366 236
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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