On offer is a well-established fruit and vegetable shop offering high-quality produce and grocery items. It has been operating for 50 years and is presenting the potential to grow further with its high customer loyalty, diversified revenue streams and robust ties with other local businesses.This opportunity will not last, it's priced for immediate sale. Ideal first business, recession and fool proof! High income with minimum outlay!
*6 days, closed Sunday's
*Taking $30,000 PW
*Gross Profit at 32.5%
*2.5 years remaining on lease (5-year option available)
*P&E valued at $120,000
*100 sqm premises; prime location
*50-year track record of success
*Minimal competition
Nouha Mohtadi and the team at LINK Melbourne are excited to bring a longstanding fruit and vegetable shop to the market.
The business has been operating for over 50 years and has developed a stellar reputation for consistently providing high-quality produce.
The business derives revenue mainly through in-store sales or produce and grocery items and by supplying wholesale to multiple businesses in the area. It also offers home deliveries, accounting for a substantial turnover percentage.
The business is located in a busy shopping strip, exposed to high volumes of vehicle and pedestrian traffic daily, and surrounded by ample street parking for convenient access.
Its 100 sqm shop is fully fitted with a large cool room and all other assets necessary for its operations.
Currently, the business is supported by four casual staff members, with a full-time working owner managing the day-to-day operations.
With its solid reputation, longevity and prime location, the business presents immense potential for further growth. As such, it offers potential purchasers an outstanding acquisition opportunity that is on track for further success.
To learn more about this listing, contact Nouha today!
Listing ID: ME02825
Broker: Nouha Mohtadi
Phone: 0411 755 568
Email: nouha.mohtadi@linkbusiness.com.au
Ref: ME02825
Timestamp: 20240821020002
