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
Reference Number: bus5981
Marc Sax– Exceptional Business Broker Support from Start to Settlement Marc kept me informed every step of the way during the sale, including updates on conversations with solicitors. He followed through right to the endorsement settlement and was incredibly supportive throughout the entire process!
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