Summary
A rare opportunity to acquire a long-established liquor business with a loyal local customer base, strong turnover, low rent and significant potential for further growth.
Revenue
$300,000 pa
Location Details
Heavy traffic road between the Geelong West and Newtown communities, and close to Geelong CBD. and have our own free park spot and street parking spot.
About the Business
Key Features
*Strong & Stable Performance
*Weekly turnover approximately $7,000
*Strong gross profit margin
*Low rent relative to turnover and location
*Consistent trade supported by a long-standing local customer base
*Simple business model, suitable for an owner-operator or couple
*Favourable Lease Terms
*Currently in Year 3 of a 5-year lease
*Two additional 5-year options
*Annual rent increase fixed at 3%
*Secure long-term tenancy for an incoming owner
Growth Opportunities
*Extend Trading Hours
Current trading hours are approximately 12:00 pm – 6:00/8:00 pm, 6 days per week.
There is clear potential to increase turnover by extending evening trading hours, particularly given the surrounding residential catchment and limited nearby competition.
*Utilise Additional Indoor Retail Space – Approx. 50 sqm
A recently renovated, clean and currently underutilised retail area provides significant scope to expand the product range.
Potential uses include:
Premium wines and spirits
Craft and boutique liquor
Gift packs and premium products
Dedicated wine display or tasting area
Private tasting functions
This additional space provides an opportunity to increase both sales volume and gross margin without requiring larger premises.
*Unique Underground Cellar – Approx. 40 sqm(Not use now)
A distinctive underground cellar of approximately 40 sqm is located beneath the premises.
Previously used as a wine cellar, this unique space offers exciting possibilities for future business development, subject to relevant approvals.
*Attractive Purchase Structure
Stock approximately $35,000-$45,000, adjustable at settlement
Straightforward operation
Suitable for an owner-operator, couple, or an existing operator looking to add another location to their portfolio
*Why This Business Stands Out
Approximately 30 years of trading history
Established in a high-density residential area
Strong repeat customer base
Convenient drive-through operation
Excellent location between Geelong West and Newtown
Limited direct competition in the immediate area
Low occupancy costs
Considerable unused space and growth potential
Opportunity for a new owner to increase trading hours and expand the product range
Serious Enquiries Only
This sale suits genuine buyers who are ready to proceed. Please contact us to arrange an initial inspection and discussion.
If both parties are comfortable proceeding to the next stage, we will make detailed financial and business information available to qualified buyers under a confidentiality agreement (NDA).
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