About the Business

Currently on offer is a popular fruit and vegetable market in a thriving suburb in northern Melbourne. Despite being a longstanding business, it has massive potential to grow with new owners at the helm.
*$19,000 average weekly takings
*$4,500 average weekly net profit
*$120,000 worth of plant and equipment
Alam El Basha and the team at LINK Melbourne are thrilled to bring to the market this fruit and vegetable store. It has been operating only since 1980, establishing itself as one of the stores of choice for fresh produce.
The business is ideally located on a busy main road where there is plenty of activity thanks to high rates of foot traffic daily. It is close to banks and other services, train stations and public transportation. There is also ample parking for customers travelling by vehicle.
The premises of the business span 220 sqm and has all the plant and equipment needed to operate. It has been recently updated with modern shelving, fridges and nut and legume dispensers. Purchasers of the business are not expected to make additional capital investments before starting to derive revenue.
The business has plenty of room to expand to add more types of products. It has the potential to be converted into a supermarket to further diversify its product range and attract more types of customers. New possible products include confectionary, bread and halal products.
To learn more about this incredible opportunity, contact me today! I would be glad to share more details with qualified purchasers.
Listing ID: ME02603
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
Ref: ME02603
Timestamp: 20240312083107