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

Outstanding Opportunity of Asian Grocery Wholesale and Retail Business for Sale

1400000
$1,400,000

Catch the chance to own a thriving, fully integrated Asian grocery business serving Melbourne’s lively northern suburbs. With over 20 years of continuous growth and loyal customers, this established enterprise seamlessly blends retail and wholesale operations under one respected brand—ready for a new owner to take it to the next level.
Business Features, including
Prime Retail Location: The flagship store is situated right across from a bustling local market, attracting steady foot traffic and customers who’ve been returning for decades.
Strong Wholesale Operations: Two nearby warehouses act as efficient B2B distribution centres, supplying clients across Victoria and beyond. The integrated supply chain—importing direct to shelves—ensures top quality and dependable profits.
Authentic Products: Renowned for high-demand Chinese foods, including premium frozen and dried goods, all directly imported for authenticity and healthy margins.
Experienced Team: Over 10 long-serving staff members, some part of the business for nearly 20 years, keep operations running smoothly.
Retail and wholesale operations can be run separately, with sales split approximately 50/50, offering flexibility and resilience.
Financial Snapshot
Strong Financial Performance with Year Gross Sales
FY2024 $6,866,282 ( Warehouse $3,280,494, Retail $3,501,205, others $84,582)
FY2023 $7,227,747
FY2022 $6,659,676
FY2021 $6,934,780
Verifiable documents back industry–standard gross margins (25–35%) for your due diligence.
Reason for Sale
After more than 20 years of successful operation, the business is for sale due to the family's particular circumstances.
Wholesale Business: $500,000 plus stock $350,000, (negotiable).
Retail Store: $600,000 plus stock $350,000, ( negotiable).
The vendor prefers to sell the entire package (including warehouses and retail stores) but is open to offers for individual components.
Who Should Enquire?
Entrepreneurs seeking a scalable, established business
Retailers interested in expanding into wholesale
Investors looking for stable profits and growth in a booming sector
Whole business and financial details are available to serious buyers. Don’t miss this outstanding opportunity—call today for a confidential discussion!
(Please note: The photo used in this advertisement is for illustrative purposes only and may not be an exact representation of the actual store.)
Contact:
Roger Zhao
Specialist Business Broker
Benchmark Business Sales & Valuations
M: 0404 034 777
E: roger@benchmarkbusiness.com.au










Reference Number: bus5981

Quick View
138 Views

Price Amended Established Asian Grocery with Loyal Customers

249000
$219,000.00
Established in the mid-1990s and under current ownership since 2019, Food Max is a proven Asian grocery store specializing in groceries and fresh meats. Located on a high-traffic site with ample parking, the store enjoys strong local brand recognition and serves a loyal customer base, with over half its shoppers of Asian descent.

Key Features:

Prime Position: Easy-access location with 250–300sqm of retail space and only one direct competitor in the nearby Westfield.

Established Operation: Reliable supplier network, modern equipment (refrigeration, meat processing, POS systems, valued at $65,000+), and streamlined systems.

Financial Snapshot: Average gross margin of 30–40%; stock approx. $200,000 (adjustable); monthly rent $11,812. Sublease income offsets rent by $1,800/month.

Experienced Team: Family-run, supported by part-time butchers and efficient operations.

Growth Potential: Room to expand into fresh fruits, vegetables, seafood, and online sales; can leverage WeChat group buying for further reach.

Opportunities & Challenges:
There is potential to expand product lines and attract more customers from the growing local Asian demographic. The business could benefit from upgraded fixtures and an expanded fresh produce section, while monitoring competition from nearby Asian food retailers.

Summary:
Food Max is a well-located, reputable business with clear avenues for growth, making it an attractive investment in a rising market. Interested buyers should contact the broker for further details and due diligence.

Reference Number: bus5963

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

Outstanding Opportunity of Asian Grocery Wholesale and Retail Business for Sale

1400000
$1,400,000

Catch the chance to own a thriving, fully integrated Asian grocery business serving Melbourne’s lively northern suburbs. With over 20 years of continuous growth and loyal customers, this established enterprise seamlessly blends retail and wholesale operations under one respected brand—ready for a new owner to take it to the next level.
Business Features, including
Prime Retail Location: The flagship store is situated right across from a bustling local market, attracting steady foot traffic and customers who’ve been returning for decades.
Strong Wholesale Operations: Two nearby warehouses act as efficient B2B distribution centres, supplying clients across Victoria and beyond. The integrated supply chain—importing direct to shelves—ensures top quality and dependable profits.
Authentic Products: Renowned for high-demand Chinese foods, including premium frozen and dried goods, all directly imported for authenticity and healthy margins.
Experienced Team: Over 10 long-serving staff members, some part of the business for nearly 20 years, keep operations running smoothly.
Retail and wholesale operations can be run separately, with sales split approximately 50/50, offering flexibility and resilience.
Financial Snapshot
Strong Financial Performance with Year Gross Sales
FY2024 $6,866,282 ( Warehouse $3,280,494, Retail $3,501,205, others $84,582)
FY2023 $7,227,747
FY2022 $6,659,676
FY2021 $6,934,780
Verifiable documents back industry–standard gross margins (25–35%) for your due diligence.
Reason for Sale
After more than 20 years of successful operation, the business is for sale due to the family's particular circumstances.
Wholesale Business: $500,000 plus stock $350,000, (negotiable).
Retail Store: $600,000 plus stock $350,000, ( negotiable).
The vendor prefers to sell the entire package (including warehouses and retail stores) but is open to offers for individual components.
Who Should Enquire?
Entrepreneurs seeking a scalable, established business
Retailers interested in expanding into wholesale
Investors looking for stable profits and growth in a booming sector
Whole business and financial details are available to serious buyers. Don’t miss this outstanding opportunity—call today for a confidential discussion!
(Please note: The photo used in this advertisement is for illustrative purposes only and may not be an exact representation of the actual store.)
Contact:
Roger Zhao
Specialist Business Broker
Benchmark Business Sales & Valuations
M: 0404 034 777
E: roger@benchmarkbusiness.com.au










Reference Number: bus5981

Quick View
138 Views

Price Amended Established Asian Grocery with Loyal Customers

249000
$219,000.00
Established in the mid-1990s and under current ownership since 2019, Food Max is a proven Asian grocery store specializing in groceries and fresh meats. Located on a high-traffic site with ample parking, the store enjoys strong local brand recognition and serves a loyal customer base, with over half its shoppers of Asian descent.

Key Features:

Prime Position: Easy-access location with 250–300sqm of retail space and only one direct competitor in the nearby Westfield.

Established Operation: Reliable supplier network, modern equipment (refrigeration, meat processing, POS systems, valued at $65,000+), and streamlined systems.

Financial Snapshot: Average gross margin of 30–40%; stock approx. $200,000 (adjustable); monthly rent $11,812. Sublease income offsets rent by $1,800/month.

Experienced Team: Family-run, supported by part-time butchers and efficient operations.

Growth Potential: Room to expand into fresh fruits, vegetables, seafood, and online sales; can leverage WeChat group buying for further reach.

Opportunities & Challenges:
There is potential to expand product lines and attract more customers from the growing local Asian demographic. The business could benefit from upgraded fixtures and an expanded fresh produce section, while monitoring competition from nearby Asian food retailers.

Summary:
Food Max is a well-located, reputable business with clear avenues for growth, making it an attractive investment in a rising market. Interested buyers should contact the broker for further details and due diligence.

Reference Number: bus5963

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

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