About the Business

Business ID: XB162969

TURNOVER APPROX. $2.1M – UPMARKET LOCATION – POTENTIAL TO DIVERSIFY

Don’t miss this rare opportunity to acquire a profitable and well-loved retail business in one of Melbourne’s most prestigious and affluent suburbs. Boasting a prime location and a carefully curated range of exclusive products, this store enjoys a loyal and repeat customer base that values quality and personalised service. The business is perfectly positioned for expansion and diversification, including adding a lucrative wholesale division.

- Same trusted location for over 50 years – current owners have successfully managed the business for 28 years

- Bright and busy shop with three-tier wall displays and island counters filled with high-quality fresh produce

- Extensive range of grocery items, including dairy products, gourmet deli items and gluten-free products

- Fresh sliced fruit and fruit salads available daily – fruit platters for all occasions made to order

- Loyal client base of families and elderly couples, with weekly shopping routines

- Wholesale services for local cafés, hotels and restaurants

- Attracts new customers via reputation, word of mouth, and donations to local schools and organisations

- Located in the heart of Balwyn – opposite McDonald’s with plenty of car spaces for customers

- Surrounded by essential stores including Priceline, Meatsmith and a Japanese grocery store

- Retail space of 110 sqm plus storage area with two large cool rooms and loading dock – forklift included

This successful business offers many opportunities for growth and expansion, such as extended trading hours, adding a flower section, and launching a wholesale division at the back of the store in the car park.

PRICE: $450,000