Food Related Businesses in North Melbourne Melbourne VIC

$21K PW Liquor Store + Rental Income Offsetting Most of the Rent – Prime CBD Fringe Location

Advert Id: 381522, Sellers Ref: (jsbusiness_63_117)
  • Location: North Melbourne, Melbourne, Victoria
  • Category:Food
  • Asking Price:$390,000
  • 390000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

This is not just a liquor store! It’s a high-exposure inner-city site with built-in income streams that significantly offset the rent.

Positioned just steps from Queen Victoria Market, this long-standing business combines consistent weekly liquor sales of approx. $21,000 with multiple additional income sources operating from the same premises.

The result is a location-driven business where a large portion of the overhead is supported by rental and ancillary income, creating a far more stable and de-risked model than a typical retail operation.

The Business

Operating for over 12 years, this is a well-established liquor store in a high-foot-traffic main street position, surrounded by pubs, hospitality venues, and constant pedestrian flow.

The business generates approximately $1M+ in annual sales, with strong repeat trade and consistent demand driven by its location.

What Makes This Different

The premises include 7 fully leased rooms upstairs, along with several simple but effective additional income streams.

These include:

- 7 rooms generating steady rental income
- Key holding service for Airbnb guests
- Luggage storage for travellers and visitors
- Recycling collection income

These combined income streams contribute significantly toward covering the lease, fundamentally changing the risk profile of the business.

Why This Works

Most retail businesses carry the full weight of rent.

This one doesn’t.

Instead, you’re stepping into a premium location where income is diversified and overheads are partially offset, allowing the core liquor operation to benefit from strong exposure without carrying the full burden of occupancy costs.

Growth Opportunities

The business is currently operating without delivery services or online sales.

Introducing platforms such as Uber Eats, DoorDash, or direct online ordering presents an immediate and obvious upside.

There is also scope to further optimise product mix, extend trading hours, and increase margins.

Who This Suits

Ideal for an owner-operator, couple, or investor looking for:

A high-traffic, proven location
Strong and consistent weekly revenue
Multiple income streams reducing reliance on one source
A business with clear upside and immediate improvement levers

The Bottom Line

High exposure locations like this are rarely available, and even more rarely come with income streams that help support the rent.

This is a smart acquisition for a buyer who understands location value and income structure, not just headline rent.

Opportunities like this don’t come up often in this precinct.

Enquire now to receive further information or arrange an inspection.

Property Code: 119

Js Business Brokers

Enquire Now

4 + 9 = ?

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