Location:
Glen Waverley 3150 > Melbourne - Greater > Victoria
Investment level:
$370,000 - $410,000 + SAV
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores > Bottleshop
High-revenue bottle shop in Melbourne’s South East. Good rent, secure long lease, plenty of customer parking and strong surrounding businesses. Offers welcome.
$1,200,000 pa
Located within a well-established shopping centre in Melbourne’s South East, benefiting from high local foot traffic, major anchor tenants, strong residential catchment and ample customer parking.
Strong opportunity to further grow the business by expanding product range, introducing online delivery platforms, increasing marketing to the surrounding residential catchment and extending trading hours. The centre benefits from strong daily foot traffic generated by a major supermarket and complementary retail businesses, creating consistent customer flow for the bottle shop.
Easy-to-operate retail business suitable for an owner-operator or experienced liquor retailer. Basic retail management skills, stock control and customer service experience will assist in maximising profitability. Training and handover can be provided to ensure a smooth transition.
Retail trading hours aligned with shopping centre operating hours. 10 AM TO 8 PM
Secure lease with strong long-term tenure. Secured Lease till 2039
Vendor looking to retire after successfully operating the business for several years.
Well-established bottle shop located in a busy neighbourhood shopping centre in Melbourne’s South East. The business generates strong annual revenue of approximately $1.1M+ and benefits from a modern store layout, strong repeat customer base and convenient customer parking.
The shop is positioned within a popular retail centre anchored by a major supermarket and surrounded by complementary businesses including food outlets, services and specialty retailers, generating consistent daily foot traffic.
Key features include:
• Revenue over $1.2 M per annum
• Cheap rent compared to similar locations
• Secure long lease (5 + 5 + 5) providing long-term stability
• Plenty of customer parking within the centre
• Strong local residential catchment
• Modern well-presented store fit-out
• Easy to operate retail business
This opportunity is ideal for an owner operator, family business or experienced liquor retailer looking to acquire a stable business with strong revenue and growth potential.
Offers welcome.
Broker Details
Alex Sharma
Licensed Business Broker | Buyer Advocate
Urban Nest Group
P: +61 411 149 363
M: +61 479 137 286
E: [email protected]
W: www.urbannestgroup.com.au
Suite 329, Level 3
98–100 Elizabeth Street
Melbourne VIC 3000
ABN: 94 688 935 266
Business Brokerage & Buyer Advocacy
Connecting People & Possibilities — Business & Real Estate
Disclaimer
Information about the business has been provided by the vendor and is believed to be reliable; however, Urban Nest Group Pty Ltd does not guarantee the accuracy or completeness of the information. Interested parties should conduct their own independent enquiries and due diligence.
Images used in this advertisement may be for illustrative purposes only and may not represent the actual business.
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