Price
$170,000
Profit *
Refer to Broker
Sales Revenue
$767,800
Location
Melbourne, Docklands
Category
Food/Hospitality, Alcohol/Liquor
Listing #
ME03063
Currently on offer is a thriving liquor and food store in an excellent location. It has been operating since 2016, deriving substantial revenue over the years.
*$767,800 average yearly revenue
*Huge potential
*A highrise building is being built next door
*5+5+5-year lease (commenced 2023)
John Zhang and the team at LINK Melbourne are thrilled to bring this food and liquor store to the market. It carries a broad range of food, beverages and other items of convenience. The business operates seven days per week, benefitting from its excellent location.
The business is strategically positioned, exposing it to high rates of traffic daily. There is a huge high rise building to be built nearby, resulting in great potential for increased exposure to potential customers.
The premises have been secured with a long-term lease that has only commenced in 2023. As such, the business has an incredible opportunity to continue operating at the location and premises that customers have already associated with the business.
To learn more about this exciting opportunity, contact me today! I would be glad to provide more details about the business.
Listing ID: ME03063
Broker: John Zhang
Phone: 0419 366 236
Email: [email protected]
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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.
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