LINK Business Brokers Australia

About this Business for sale in Melbourne

Located on a busy shopping strip in a high density residential suburb in Melbourne’s sought after Eastern suburbs, this Asian grocery store is extremely popular among local residents with the surrounding area home to a large Asian demographic. The shop has fantastic street exposure and experiences endless passing traffic daily.

The 450sqm premises is fully equipped and fitted, ready and waiting for a fresh owner operator to inject some energy and new ideas into the business.

Key features include:

*Taking $60,000 per week
*Open 7 days per week 7:30am-6:30pm
*Reasonable $2,248 rent per week
*Good 15 year lease
*Great exposure on a busy main road
*High 27% profit margins

For more information please contact Jeremy Gao from LINK on the below:
Phone: 0452 606 199
Email: jeremy.gao@linnkbusiness.com.au

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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.

Listing: #ME01846
Price: $980,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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You may also be interested in...

Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)

Melbourne
$898,000
Food/Hospitality

Stunning Cafe Oasis in the Heart of Richmond $189,000 (16652)

Melbourne
$189,000
Food/Hospitality

Antepia Sweets and Cafe $148,000 (16656)

Melbourne
$148,000
Food/Hospitality