Price
$260,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02418
Currently on offer is a fruit and vegetable retailer and wholesaler. It has been operating for six decades, 30 years of which with the current owner.
*$35,000 average weekly takings
*$5,000 average weekly profit
*3+3+3 year lease agreement
*$730 weekly rent
*7-day operations
John Zhang and the team at LINK Melbourne are thrilled to present this fruit and vegetable retailer to the market. The business has been a staple of its suburb, having been operating for six decades. It has cultivated a stellar reputation for providing fresh produce to its customer base.
The business is operated by its owner who is supported by four full-time staff members and one part-timer. The owner takes home a wage of $3,000 per week.
The premises of the business is a newly fitted 128 sqm shop. It is situated on a very busy main road that is exposed to high rates of foot traffic daily. As such, the business is able to operate seven times per week to maximise its revenue.
Aside from retail operations, the business sells fresh produce to wholesale customers. Revenue from wholesale customers is $4,000 per week, which is already included in the turnover. There is good potential to further add to the wholesale customer base.
To learn more about this exciting opportunity, contact me today. I would be glad to share more details with qualified purchasers.
Listing ID: 16966
Broker: John Zhang
Phone: +61 3 9819 4211 / +61 419 366 236
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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