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Currently on offer is a bottle shop on one of the busiest streets of a suburb bordering the Melbourne CBD. It has an enormous range of products, enabling it to cultivate a loyal customer base.
*5+5-year lease
*$18,000 average weekly takings
*6-day operations
*$150,000 worth of plant and equipment
*150 sqm premises
Alam El Basha and the team at LINK Melbourne are thrilled to bring to the market this profitable bottle shop that has been operating since 2019. It has a wide selection of liquor available for sale, including rare and limited edition products. Included in its products for sale are Asian liquors and a large selection of premium wines.
The business is located on one of the busiest streets of the suburb bordering the CBD. It has plenty of street parking and experiences a high rate of foot traffic due to being surrounded by offices and residential apartments. Also surrounding the business are restaurants and takeaway outlets.
Operating hours of the business are limited to seven hours per day, from 3:00 pm to 10:00 pm. Extending operating hours is a great opportunity to increase sales. The business may also take advantage of better branding and marketing could further increase overall revenue.
The business has secured its 150 sqm premises with a long-term lease, enabling it to benefit from the security of tenure operating in the location that customers have associated with it. The shop is very modern and presentable, ensuring that an inspection will impress potential purchasers.
To learn more about this opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: 16907
Broker: Alam El Basha
Phone: +61 3 9819 4211 / +61 407 990 000
Email: alam.elbasha@linkbusiness.com.au
*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.
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