Incredible opportunity to purchase a highly profitable Asian grocer located in a busy shopping centre in Melbourne’s south eastern suburbs.
The business is showing extremely high profit margins of 28%, has all processes and procedures already in place, and will suit even the fussiest of buyers!
The 200sqm premises is fully equipped and fitted and recently underwent a full renovation costing in excess of $350,000.
Key features include:
*Taking $28,000 per week
*Shopping centre location, surrounded by key retail outlets
*Open 7 days per week, 9am-5pm
*High profit margins of 28%
*Simple to manage
*Extensive equipment list
*Reasonable rent at $2,653 per week
*5 Year lease in place
For more information contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
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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.