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Thriving Gourmet Foodstore – Melbourne Inner West For Sale

Melbourne, Victoria, Australia
Asking Price:
$100K - $250K (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

Unique opportunity in a captured environment!

HIGHLIGHTS...

An exciting lifestyle & business opportunity to acquire a Retail Foodstore in one of Melbourne’s premier inner western suburbs. The gourmet Food Store Deli is highly reputable and is situated within a very busy retail location.
• Well Established Premium Gourmet Foodstore/ Deli
• High quality fit out
• The business is growing and has seen increases in its turnover and GP margin over the last several years.

Executive Summary
An established Gourmet Foodstore/Deli generating over $14.5K+ in weekly sales* located in a prime & developing location in Melbourne’s Inner West.

Location Details
This business is situated in Melbourne’s Inner West and located within one of the busiest locations within metres of a major Supermarket! The immediate surrounding location is being further developed with mass residential growth to be capitalised on.

Potential
Residential development within the immediate surrounding area.
Huge potential for Catering and Online Sales.

Hours
Monday to Saturday 9am to 6pm
Sunday 10am to 5pm

Lease
NEW 10-year lease – Note: this is not a Shopping Centre Lease/No promotional levies or restrictions apply. Trading hours to suit proprietor.

Employees
Run under semi management with Store Manager in place, plus:
3 – 4 Casual staff (All-Rounders)
Owner work on average 30 hours per week.

About the Business
The Foodstore/Deli has a prime location, opposite a major supermarket and other speciality stores within the complex. As a result, the business has excellent foot traffic and is consistently busy, with opening hours from 9am to capture trade all day.
The current owner acquired the business in 2009. On offer is an established Foodstore/Deli business with a well-established brand. There is huge potential due to the prime location & immediate residential developments within the surrounding area.

Business is derived from traditional convenience sales including deli, smallgoods, cheeses, ready made products and retail food products. Fresh, chilled and frozen foods, ambient grocery products, bread and bakery, confectionery, snacks and Gourmet Continental grocery lines.

Key facts about this Foodstore/Deli

- Premium fit-out, with excellent fixture, fittings and equipment
- Surrounded by 100+ independent retail shops with plenty of parking spaces.
- High profit margin lines

It provides an opportunity for an experienced operator to take over, or for an investor to buy the business and keep the management in place. Our client is reluctantly selling the business due to other business commitments.

PRICE: P.O.A.

For more information on this opportunity, please contact the undersigned:
Nathan Lihari
Business Sales Specialist
Boston Brokers, Business Sales & Acquisitions

Property Information

Real Estate:

Lease

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