Available for acquisition is a thriving convenience store established in 2018, located in one of Melbourne's inner-city suburbs. With a high-yield revenue model, the business offers excellent product diversity and impeccable customer service. The business's straightforward operations, seamless virtual storefront and low staff requirements present a compelling opportunity to acquire a turnkey business with high profitability.
*Taking $28,000 PW
*P&E valued at $80,000
*75% gross profit margin
*Prime location
*Expansive market reach
*Low overhead
Alam El Basha and the team at LINK Melbourne are thrilled to present an established and flourishing convenience store in Melbourne to the market.
Since its inception in 2018, the business has developed a diversified customer base comprised of locals, tourists and online consumers, offering a wide range of products through its physical store and online storefront. Its high-return revenue model consistently secures a 75% profit margin, creating an outstanding financial profile for the business.
The business is located in a high-exposure location in proximity to a renowned shopping strip. Surrounding upscale retail outlets and dining destinations generate abundant consumer prospects and profit opportunities.
Existing plant and equipment valued at $80,000 is included in the sale of the business. Its 60 sqm premises showcase a pristine and secure business area with ample on-street parking availability.
The current owner does not actively participate in operations but is supported by three part-time employees for the business's day-to-day functions. The convenience store's straightforward operating model presents an opportunity for prospective purchasers to acquire a turnkey business with low overheads and minimal management requirements.
To learn more about this exciting business acquisition opportunity, give Alam a call today!
Listing ID: ME02944
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Ref: ME02944
Timestamp: 20240919053004
