Established Since 2002 A Rare Opportunity to Own a Thriving, Vertically Integrated Business
This well-established Asian grocery business, located in Melbourne's northern suburbs, combines wholesale and retail operations to serve a loyal and growing customer base. With over 20 years of success, this turnkey operation offers a unique chance to step into a profitable and scalable business with a strong reputation.
Business Highlights
- Prime Retail Location: Flagship store situated opposite a bustling local market, benefiting from high foot traffic and strong community presence.
- Efficient Wholesale Hub: Two warehouses nearby serve as a B2B distribution centre, supplying clients across Victoria and beyond. Flexible lease options are available to support future growth and expansion.
- Targeted Market: Positioned in Melbourne's rapidly growing northern suburbs, home to a vibrant Chinese community, ensuring sustained demand.
- Specialised Product Range: Focus on high-demand Chinese-origin products, including premium frozen foods and dried goods, imported directly to ensure authenticity and competitive margins.
- Integrated Supply Chain: Vertical integration from importing to retailing guarantees quality control and profitability.
Operational Strengths
- Experienced team of over 10 skilled staff, including long-term employees, ensuring smooth daily operations.
- Modern infrastructure with recently upgraded equipment refrigerated trucks, commercial freezers, and a POS system included for immediate profitability.
- No major renovations needed move in and start earning from day one.
Growth Potential
- New Online ordering system ready for e-commerce expansion.
- Opportunities to grow import distribution and wholesale reach.
Strong Financial Performance with Year Gross Sales
2024 $6,866,282
2023 $7,227,747
2022 $6,659,676
2021 $6,934,780
Wholesale accounts for approximately 58% of turnover, while retail accounts for 42%. The vendor prefers to sell the entire business as a whole but is open to negotiation for individual components.
Consistent revenue and stable profits demonstrate resilience and growth potential.
Your Opportunity
Price: $1,400,000 (includes $850,000 inventory, value confirmed at sale)
Includes two warehouses and a retail store vendor prefers to sell as a package, but is open to negotiation for separate sales.
Who Should Buy?
Entrepreneurs seeking a scalable, established business with strong community ties.
Retailers are looking to expand into wholesale distribution.
Investors are aiming to capitalise on Melbourne's multicultural market growth.
Act Now!
This is a rare chance to acquire a mature, profitable business with a 23-year track record. Serious buyers can access full financial and operational details upon request.
Contact today for a confidential discussion:
Roger Zhao
Specialist business broker
M: 0404 034 777
E: roger@galaxybusinessagency.com.au
Take the first step toward owning this thriving market leader!
