Description
This thriving business, located in the bustling area of Reservoir, presents an exciting opportunity for an investor or owner-operator looking for a well-established, profitable enterprise. The business is a local specialist in groceries, offering a wide selection of hard-to-find items. With annual takings of $520,000, the business operates seven days a week, from 9 am to 5 pm, under full management, allowing for minimal involvement from the owner. The current owner has been operating the business for 2 years but is selling due to a change in business direction.
The business is strategically located in a high-traffic area of Reservoir, ensuring consistent foot traffic and exposure. The rent is $3,000 per month plus GST, with outgoings of $8,000 per year. The 3x3 lease commenced on 1st October 2022, with options available to secure long-term stability for the new owner.
The business operates with a dedicated team of three part-time staff, and these experienced staff members are in place to ensure a smooth transition for the new owner.
Key Features:
Annual Takings: $520,000
Rent: $3,000 per month + GST
Lease Terms: 3x3 lease commenced 1/10/2022, with options
Outgoings: $8,000 per annum
Trading Hours: 7 days a week, 9 am – 5 pm
Staffing: 3 part-time staff
Established: 5 years
Reason for Sale: Selling due to a change in business direction
This fully managed business provides a strong foundation for continued success, with significant growth opportunities for an active owner-operator or investor. Whether you want to maintain the current operational model or explore new avenues for growth, this business offers flexibility and stability.
For more detailed information or to arrange an inspection, please contact Chris & Elle's Team at Absolute Business Brokers:
Phone: 0433 582 532 or 9566 7300
Email: elle@absolutebb.com.au
Ref: B14835
Japan 
