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
*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.