this is called proper bondapan

Roger Zhao
Roger Zhao

Business Broker

Roger never thought his career would be settled as a business broker. He taught at university before moving to Sydney in 1989 and starting from scratch in Australia. Roger ran a few retailing businesses in Sydney and Melbourne. Although maybe the cross-culture experiences with the life up-down he went through, Roger is passionate about assisting and sharing his knowledge and experiences with his clients once he became a business broker in 2005.

Roger established his own sales team in 2010 and took part in the Benchmark Business Sale team in 2019.

Because business is an intangible asset, Roger is constantly discussing the business valuation with his client, and he wants his client to be well-informed basis on his extensive knowledge.

Roger is good at pointing out “Sale Points” even “a difficulty sale business”. For example, in one café and salad bar in Melbourne CBD, Roger assisted in converting the famous Vietnamese bread roll successfully within four weeks. The vendor said eventually: 

“I can only tell you this much I have sold 13 cafes past 14 years and dealt with the top 10 agents of Melbourne, and after employing you, you could create a deal and find suitable purchasers within a concise period. It’s a great quality to have. All the best and stay in touch.” - Ricky 


Roger knows how to determine the client’s best interest and guides his clients to drive the ship along the way, creating ideas to add the business value and inform and ultimately allow the business owner to call the shots. For example, one business owner from the import and export industry said to Roger:

“It has been a wonderful experience through this selling process. You have been very professional in conducting the selling. We are pretty happy with the outcome. We thank you for guiding us through the process, especially in difficult COVID-19 situations. We will sincerely pass on your detail to our business friends wishing they selling their business.” - Jake 


Keeping transparency and putting himself in the position of seller or buyer, this simple philosophy helps Roger wins clients:
“Thank you very much for your time and sincerity in sharing the information with us, and it opens our eyes and mind to buying the biz. You are very professional and helpful without considering your benefit as a priority. Many of us in this visa need the professional business broker as you. “ - Mandy & Melvin


“Roger understood what we needed and consented, acting very actively. Finally, we got the price we wanted, and the vendor was happy to help us before the handover. We were delighted with the deal. Roger always gave us the information as much as he knew without excuses, even something beyond the business. He is very knowledgeable, act professional and understand people, our relationship has been developed, and we become a friend.” - Michael & Pei

Roger has transferred vast numbers of various businesses from café shops to Grocery stores, from the gift business to the import and export industry. He dislikes seeing the business for sale but makes it to be sold. 

Roger has been keeping the endless learning to a pound of professional brokers. He has a recognized bachelor’s degree, is a licensed real estate agent in Victoria, and is a member of AIBB.

Roger has lived in Melbourne with his family for more than 20 years. He loves travelling, reading and writing, music, swimming, Tai Ji and various action sports.

Client Testimonials

Business For Sale
2

Acquire a Market Leader: Premier Asian Grocery Business in Melbourne

1400000
$1,400,000



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!
Due to a family reason, the business must be sold. 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
Benchmark Business Sales & Valuations
M: 0404 034 777
E: roger@benchmarkbusiness.com.au

Take the first step toward owning this thriving market leader!








Reference Number: bus5981

Quick View
12 Views

Price Amended Established Asian Grocery with Loyal Customers

249000
$219,000.00
(P.N.: The displayed suburb may not be the store location due to confidentiality; don't hesitate to get in touch with a broker for verification)

This well-established Southeast Asian grocery store has been operating for almost three decades and has earned a strong reputation through hard work. The fruit and vegetable sections have improvement potential, as the demand is local.

Some attractive features of the store include:

• Well-known Asian grocery store with loyal customers.
• Excellent location on a primary road in a local shopping centre.
• With a popular butcher section.
• In front shop, separated from the main store, can be converted into a fruit and vegetable store.

Here are some key financial details:
• Average weekly turnover: $23,000 - $28,000
• Weekly rent: $2,058 + GST + outgoing (after sublease)
• Security long lease
• Store size: Approximately 450 sqm
• Two working full-time owners plus one full-time and two part-time employees.

It is possible to partially convert to a mixed fruit, vegetable, and grocery store, as there is high demand in this shopping strip.

The vendor wants quick sales with family commitments, so the price is reduced to $249,000, plus stock ($80,000 estimated).

This is an excellent opportunity for experienced operators. If you are a genuine buyer, don’t miss this! Please call Roger on 0404 034 777 for more information and to arrange an inspection.

Roger Zhao
Specialist Business Broker

M: 0404 034 777
E: roger@benchmarkbusiness.com.au
W: businessbusiness.com.au

If you'd like more business information, such as the business address, please agree to and sign a Confidentiality Agreement and contact the broker.

The business images shown are for illustration purposes only and may not accurately represent the business.

Business Category: Food and Hospitality, Retail, Food Outlets

Reference Number: bus5963

Quick View
563 Views
Showing 1 to 2 of 2 results
Showing 1 to 2 of 2 results
Recently Sold by Broker
2

Acquire a Market Leader: Premier Asian Grocery Business in Melbourne

1400000
$1,400,000



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!
Due to a family reason, the business must be sold. 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
Benchmark Business Sales & Valuations
M: 0404 034 777
E: roger@benchmarkbusiness.com.au

Take the first step toward owning this thriving market leader!








Reference Number: bus5981

Quick View
12 Views

Price Amended Established Asian Grocery with Loyal Customers

249000
$219,000.00
(P.N.: The displayed suburb may not be the store location due to confidentiality; don't hesitate to get in touch with a broker for verification)

This well-established Southeast Asian grocery store has been operating for almost three decades and has earned a strong reputation through hard work. The fruit and vegetable sections have improvement potential, as the demand is local.

Some attractive features of the store include:

• Well-known Asian grocery store with loyal customers.
• Excellent location on a primary road in a local shopping centre.
• With a popular butcher section.
• In front shop, separated from the main store, can be converted into a fruit and vegetable store.

Here are some key financial details:
• Average weekly turnover: $23,000 - $28,000
• Weekly rent: $2,058 + GST + outgoing (after sublease)
• Security long lease
• Store size: Approximately 450 sqm
• Two working full-time owners plus one full-time and two part-time employees.

It is possible to partially convert to a mixed fruit, vegetable, and grocery store, as there is high demand in this shopping strip.

The vendor wants quick sales with family commitments, so the price is reduced to $249,000, plus stock ($80,000 estimated).

This is an excellent opportunity for experienced operators. If you are a genuine buyer, don’t miss this! Please call Roger on 0404 034 777 for more information and to arrange an inspection.

Roger Zhao
Specialist Business Broker

M: 0404 034 777
E: roger@benchmarkbusiness.com.au
W: businessbusiness.com.au

If you'd like more business information, such as the business address, please agree to and sign a Confidentiality Agreement and contact the broker.

The business images shown are for illustration purposes only and may not accurately represent the business.

Business Category: Food and Hospitality, Retail, Food Outlets

Reference Number: bus5963

Quick View
563 Views
Showing 1 to 2 of 2 results
Showing 1 to 2 of 2 results

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