Currently on offer is a liquor store located on one of Melbourne's busiest roads. It is exposed to high rates of traffic daily due to the abundance of residential buildings and shopping establishments in the area.
*$1,300,000 average annual revenue
*$182,000 average annual net profit
*5+5-year lease
Alam El Basha and the team at LINK Melbourne are thrilled to bring this thriving liquor store to the market. It is located in a spectacular commercial location that enables it to take as high as $26,000 per week. The business earns an extra $30,000 per annum in bottle recycling pickups.
The business is strategically positioned opposite one of Victoria's most iconic landmarks, exposing it to high rates of tourist traffic. The location has been secured until 2034 with a desirable lease agreement, enabling great continuity of operations.
The premises of the business is fully equipped with everything needed to continue operations, including 6 two-door fridges, 2 three-door fridges, 1 cool room, 2 POS systems, 8 camera systems and a two-door ice freezer. Aside from the main trading premises, the location has an accommodation space that may be subleased to derive rental revenue.
Key opportunities to increase revenue include adding groceries, deli and other convenience store lines due to the abundance of space available.
To learn more about this exciting opportunity, contact me today! I am excited to provide more details to qualified purchasers.
Listing ID: ME02989
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Ref: ME02989
Timestamp: 20241015010004
