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Available for purchase is an established liquor retailing business located in the northern suburbs of Melbourne. It has been an icon in the local community for over four decades, enabling it to cultivate a loyal customer base. Its prime location and the potential for increased revenue streams position it as a lucrative investment for those seeking to venture into the thriving liquor retailing industry.
*Taking $676,000 PA
*550 sqm premise
*P&E valued at $160,000
*GP at 30%
*Operating since 1980
*Diverse product offerings
Alam El Basha and the team at LINK Melbourne are thrilled to present a successful liquor retailing business to the market.
Located in the northern suburbs of Melbourne, this business has been operating for over four decades and offers a variety of Liquor and Wine. Its wide selection caters to the diverse preferences of its customers.
The business operates from a spacious premises designed to provide an inviting atmosphere. It has top-notch facilities, including walk-in cool rooms, refrigeration units and a POS system, and it operates efficiently.
With a dedicated team of knowledgeable staff, weekly average takings of $13,000 and net business profit of $1,820, the business is an excellent turnkey acquisition opportunity for discerning investors.
Its prime location, modern amenities, and potential for further growth make it a standout choice for those looking to capitalise on Melbourne’s growing liquor market.
To know more about this business, contact Alam today!
Listing ID: ME02794
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
*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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