Internal Ref: B14997
Summary
An outstanding opportunity to acquire a long-established, high-volume fruit and vegetable business located within a busy major shopping centre in Altona Meadows.
Revenue
$2,340,000 pa
Rent
$173,328 pa
Location Details
Located within a busy major shopping centre in Altona Meadows.
Hours
Shopping Centre Hours
Mon–Wed: 9:00am – 5:30pm
Thu–Fri: 9:00am – 9:00pm
Sat: 9:00am – 5:00pm
Sun: 10:00am – 5:00pm
Lease
10-year term commenced 1/10/2021
Employees
1 FT Owner, 2 FT Staff, 4 PT Staff
Reason for Sale
Retirement from the industry
About the Business
An outstanding opportunity to acquire a long-established, high-volume fruit and vegetable business located within a busy major shopping centre in Altona Meadows.
Established in 1996, this business is a well-known local operator with a strong reputation and consistent weekly takings of approximately $45,000. The store benefits from excellent infrastructure, secure lease terms, and high customer traffic driven by the surrounding retail precinct.
Key Highlights
Takings: Approx. $45,000 per week
Rent: $14,444 pcm incl. GST & outgoings
Lease: 10-year term commenced 1/10/2021
Established: 30 years
Ownership: Current owners for 5 years
Reason for Sale: Retirement from the industry
Premises & Infrastructure
Approx. 300 sqm total area
Two large cool rooms (forklift-accessible)
Rear loading bay with drive-in access
Efficient layout designed for high-volume turnover
Excellent storage and back-of-house facilities
Trading Hours (Shopping Centre Hours)
Mon–Wed: 9:00am – 5:30pm
Thu–Fri: 9:00am – 9:00pm
Sat: 9:00am – 5:00pm
Sun: 10:00am – 5:00pm
Staffing
1 Full-Time Owner
2 Full-Time Staff
4 Part-Time Staff
Why This Business?
Strong, proven turnover
Long-established operation with loyal customer base
Secure long-term lease
Rare forklift-accessible cool room and loading bay
Genuine retirement sale
A turnkey opportunity in a tightly held retail location, ideal for experienced operators or family buyers.
Further information available upon request.
For more information or to arrange a private inspection, contact:
Chris Panagiotidis or Elle Likopoulos – Absolute Business Brokers
Chris: 0433 582 533 | [email protected]
Elle: 0481 608 460 | [email protected]
Ref: B14997
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