About the Business

With a long and illustrious history, this liquor store is in Melbourne's eastern suburbs. With loyal local customers and proximity to a major university, it derives steady annual takings and presents immense growth potential. As such, it is a promising investment opportunity for purchasers seeking to run a straightforward yet profitable business.

*$452,400 takings PA
*Under Semi-Management
*Strategic location
*Established reputation 
*Over 70% of monthly rent covered by 4 bedroom residence
*Fully licensed premises 
*180 sqm premises

Walter Beauvais and the team at LINK Melbourne are excited to introduce a longstanding liquor store to the market.

The business has an established brand through its century-long operations in Melbourne. The business operates successfully as a retailer of wines, beers and other liquor drinks within its well-appointed 180 sqm premises.

The business holds a liquor license, allowing it to trade until 11:00 pm daily. Currently, it operates seven days a week.

The business is positioned in a prime location, with ample car spaces, ensuring high visibility and accessibility to local customers and visitors alike. Its premises also feature a 4-bedroom dwelling, which derives additional rental income, offsetting its overhead costs.

Grab this chance to acquire a reputable liquor retailing business with steady revenue and outstanding growth potential. 

Call Walter today to learn more about the business!

Listing ID: ME02862
Broker: Walter Beauvais
Phone: 0460 301 983
Email: walter.beauvais@linkbusiness.com.au
Ref: ME02862
Timestamp: 20240325110012