Under Offer Fruit And Vegetable Retailer Taking $35,000 Per Week $260,000 (16966)

St Kilda East, Victoria 3183

SOLD

Key Features

AI generated. Contact seller to confirm.

Average weekly takings of $35,000
Average weekly profit of $5,000
Newly fitted 128 sqm shop
High foot traffic location
Operates seven days a week
Supports wholesale customer sales

Turnover: $1,820,000
Net Profit: $260,000
Rent/Lease: 3+3+3 year lease agreement
Stock Value: Included
Established: 60 years

Business Details

Business Category Fruit Shop

Currently on offer is a fruit and vegetable retailer and wholesaler. It has been operating for six decades, 30 years of which with the current owner.

*$35,000 average weekly takings
*$5,000 average weekly profit
*3+3+3 year lease agreement
*$730 weekly rent
*7-day operations

John Zhang and the team at LINK Melbourne are thrilled to present this fruit and vegetable retailer to the market. The business has been a staple of its suburb, having been operating for six decades. It has cultivated a stellar reputation for providing fresh produce to its customer base.

The business is operated by its owner who is supported by four full-time staff members and one part-timer. The owner takes home a wage of $3,000 per week.

The premises of the business is a newly fitted 128 sqm shop. It is situated on a very busy main road that is exposed to high rates of foot traffic daily. As such, the business is able to operate seven times per week to maximise its revenue.

Aside from retail operations, the business sells fresh produce to wholesale customers. Revenue from wholesale customers is $4,000 per week, which is already included in the turnover. There is good potential to further add to the wholesale customer base.

To learn more about this exciting opportunity, contact me today. I would be glad to share more details with qualified purchasers.

Listing ID: 16966
Broker: John Zhang
Phone: XXXXXXXXXX / XXXXXXXXXX
Email: XXXXXXXXXX