About the Business

Established Since 2002 - A Rare Opportunity to Own a Thriving, Vertically Integrated Business
This well-established Asian grocery business, located in Melbourne's northern suburbs, combines wholesale and retail operations to serve a loyal and growing customer base. With over 20 years of success, this turnkey operation offers a unique chance to step into a profitable and scalable business with a strong reputation.

Business Highlights
- Prime Retail Location: Flagship store situated opposite a bustling local market, benefiting from high foot traffic and strong community presence.

- Efficient Wholesale Hub: Two warehouses nearby serve as a B2B distribution centre, supplying clients across Victoria and beyond. Flexible lease options are available to support future growth and expansion.

- Targeted Market: Positioned in Melbourne's rapidly growing northern suburbs, home to a vibrant Chinese community, ensuring sustained demand.

- Specialised Product Range: Focus on high-demand Chinese-origin products, including premium frozen foods and dried goods, imported directly to ensure authenticity and competitive margins.

- Integrated Supply Chain: Vertical integration from importing to retailing guarantees quality control and profitability.

Operational Strengths
- Experienced team of over 10 skilled staff, including long-term employees, ensuring smooth daily operations.

- Modern infrastructure with recently upgraded equipment - refrigerated trucks, commercial freezers, and a POS system included for immediate profitability.

- No major renovations needed - move in and start earning from day one.

Growth Potential
- New Online ordering system ready for e-commerce expansion.

- Opportunities to grow import distribution and wholesale reach.

Strong Financial Performance with Year Gross Sales
2024 $6,866,282
2023 $7,227,747
2022 $6,659,676
2021 $6,934,780
Wholesale accounts for approximately 58% of turnover, while retail accounts for 42%. The vendor prefers to sell the entire business as a whole but is open to negotiation for individual components.

Consistent revenue and stable profits demonstrate resilience and growth potential.

Your Opportunity
Price: $1,400,000 (plus stock $850,000, value confirmed at sale)

Includes two warehouses and a retail store - vendor prefers to sell as a package, but is open to negotiation for separate sales.

Who Should Buy?
Entrepreneurs seeking a scalable, established business with strong community ties.

Retailers are looking to expand into wholesale distribution.

Investors are aiming to capitalise on Melbourne's multi