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A convenience store operating since 1965 offering essential amenities and flexible operations. Positioned for growth, it presents opportunities for expansion and development.
*Situated in a high-traffic area northeast of Melbourne's CBD
*Operating since 1965
*Flexible lease terms
*Average takings of $17,000
*Ideal for owner-operators, families or visa seekers
*Equipped with essential amenities
John and the team at LINK Melbourne are thrilled to present a well-established convenience store in the northeast of Melbourne's CBD to the market.
This convenience store is for sale due to retirement. With an annual turnover and a stock value of $40,000, it's a profitable opportunity for purchasers.
Established in 1965 and acquired by the current owner in December 1993, the store has a strong reputation. It has two shop fronts, three dwellings and seating for eight indoors and six outdoors, all in a prime shopping strip location.
Operated by one owner, the store offers easy customer access and essential amenities such as a walk-in cool room, hot/cold bain Marie and salad bar. It also has cooking facilities for onsite food preparation.
The store is open seven days a week, with flexible lease terms of 2x2x2 and a 3x3x3 option for tenants, it provides growth opportunities. Well-maintained equipment and high-profit margins suit owner-operators, families or visa seekers looking for business ventures. Whether maintaining its current format or exploring new avenues, this store has the potential for expansion and success.
Contact us today for more details on this exciting opportunity!
Listing ID: ME02869
Broker: John Zhang
Phone: 0419 366 236
Email: john.zhang@linkbusiness.com.au
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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