An outstanding opportunity to acquire a long-established Food Retail / Supermarket located in the suburb of Oakleigh. This respected local business has built a loyal customer base over 4 decades and operates with a simple, proven model.
Trading only 4-days per week (at current time), the business delivers strong weekly revenue while offering a highly desirable lifestyle balance seldom found in retail food businesses.
Key Features
- 40+ years establishment with a strong local reputation
- Busy neighbourhood shopping precinct with consistent foot traffic
- Trades only 4 days per week!
- Average weekly revenue of approx. $23,000 !
- With continuous Sales growth year by year!
- Simple owner-operated structure supported by a small team
- Secure lease with a very reasonable rental fee of $3,151 a month or $727 a week (+gst)
- Generating an attractive Net Profit for the current owner-operator
- Loyal repeat customer base and established supplier relationships
Growth Opportunities
- Introduce delivery services for local residents and businesses
- Enhance online presence and digital marketing
- Develop wholesale and supply relationships with nearby hospitality venues
This business represents an excellent opportunity for an owner-operator, couple or family seeking a well-established and profitable operation with further potential to grow.
Asking Price: $298,000 + SAV
Estimated Stock: $100k (approx.)
For more details about this unique opportunity, contact Sam Vasli from Expert Business Brokers
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