About the Business

On offer is this established $2 dollar retail store, located in a local shopping centre in Melbourne's eastern suburb, which has been successfully operating for over two decades. The store offers a variety of inexpensive household goods and gifts and benefits from its prime location between two major supermarkets and various other retail outlets.

*Spacious 190 sqm premises
*Annual takings of $442,000
*Strategic location
*Streamlined operations
*Secure 12-year lease
*Net profit of $104,000

John Zhang and the team at LINK Melbourne are thrilled to present a profitable retail store in Melbourne’s eastern suburbs to the market.

Established for 23 years, this retail business offers a diverse range of inexpensive household goods and gifts, catering to a broad customer base seeking everyday essentials and unique items at competitive prices.

The business is strategically situated in a high-traffic shopping centre in Melbourne's eastern suburb. It benefits from its position between two major supermarkets and various other retail outlets, ensuring a steady flow of customers.

The retail store occupies a spacious 190 sqm area, providing ample room for product display and customer movement. The premises come with a favourable lease agreement convenient for the new owner.

The business is designed for efficiency, requiring minimal staffing, making it an ideal opportunity for an owner-operator. The current setup allows it to be run by one person, significantly reducing overheads and operational complexities.

This well-established, high-profit retail store offers a unique opportunity for a new owner to take over a thriving business with a strong customer base and a secure lease in a prime location. With its consistent financial performance and minimal staffing requirements, this business is positioned for continued success and growth.

Listing ID: ME02937
Broker: John Zhang
Phone: 019 366 236
Email: [email protected]
Ref: ME02937
Timestamp: 20240603100003