Niddrie VIC 3042

Phone enquiries - please quote property ID 33626.

Discover a long-standing and reputable business offering diverse products, including fruits, vegetables, herbs, spices, nuts, dairy products, and assorted bread. Situated on Keilor Road in Niddrie, this business occupies a strategic position in a bustling commercial area, surrounded by restaurants, cafes, and other retail shops. Experience high foot traffic daily, ensuring consistent customer flow.

Here's why this opportunity stands out:

Little Competition: Enjoy a competitive edge as one of the largest suppliers in the area, catering to both individual customers and some restaurants.

Prime Location: Great visibility and high foot traffic, in the central hub of Niddrie.

Long Lease: Secure your investment with a lease extending up to 15 years, at affordable rent (commenced in November 2020).

Fully Equipped Premises: Utilise the 250 sqm commercial space, complete with retail shop area, office, storeroom, preparation area, cool room, and staff room. Ample space for current operations and future expansion.

Almost under management, the business maintains impressive gross weekly sales, however, it would be more profitable if run by 2 or more owners, or ideally suiting a family business.

Included Assets: Benefit from essential equipment such as display refrigerators, retail shelving, forklift, Isuzu truck, fruit juicer and POS system, facilitating a seamless transition.

Growth Potential: Unlock new avenues for expansion by introducing complementary services like a deli section offering sandwiches and lunches for nearby businesses. Expand your reach by supplying to a wider range of restaurants and local enterprises. Additionally, consider venturing into catering services to tap into new markets. With ample space within the premises and a bustling shopping and business hub at your doorstep, seizing these opportunities will not only bolster revenue streams but also maximise the advantages of your prime location.

This is an ideal opportunity to walk into this business with everything you need to continue and grow. Selling at a very modest price, the first to see WILL BUY!

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