Retail Business Melbourne

Being the second-most populous city in Australia, Melbourne boasts various shopping centres, international and luxury retail stores and well-developed business market. There is no denying the fact the retail sector in Victoria is booming with each passing year with a whopping $79.2 billion annual turnover. Many business leaders believe that Melbourne is one of the most promising cities in Victoria for retail activities. From local grocery shops to international stores, from supermarkets to luxury retail shops, the city has everything for potential individuals. The Melbourne CBD is also dotted with unlimited retail stores catering the basic to specific needs of residents, tourists, working professionals, students etc. Undoubtedly, there are hundreds or rather thousands of opportunities for business for sale in Melbourne, and most of them are in café and coffee shop and retail sectors.

In the last few years, the landscape of the retail industry has changed. More and more international retailers are setting up their stores in the main CBD. This means consumers in Melbourne are getting more opportunities to make their shopping experience better. Whether it comes to entrenching purchasing power of customers or understanding the changing trends, retailers are leaving no stone unturned to get the most out of their investment and stable economic condition. Shopping complexes in Melbourne account for the majority of fashion stores, footwear, food retailers and soft goods retailers. All these retail shops can be found within the geographical boundaries of Melbourne. From local stores to renowned Franchise for Sale in Melbourne, there are plenty of options for potential individuals.

When it comes to international brands, the most dominating retailers in the city are Clothing and Footwear with 53.5 % share and personal goods retailers with 25.5%. Some of the leading brands in the retail sector are located between Flinders Lane and Collins Street. One can find many lucrative business opportunities in Frankston without investing a big amount of capital. Even, luxury retailers such as The Hour Glass and Burberry are also leveraging the buying patterns of customers and their support towards the purchase of luxury products.

Plus, the residential developments nearby CBD will also encourage retailers to expand their operations into the precinct. According to the Deloitte Access Economics, there will be an increase at an average of 3 per cent in the retail turnover during 2018-21. This means more lucrative retail business opportunities in Victoria will be waiting for you. If you have a dream of running a retail store in the main CBD or other hotspots of Melbourne but don’t have enough financial resources, then you can buy an existing retail business which has a strong customer base, market reputation and proven marketing strategies. There are many other thriving business opportunities like café, bakery or restaurants for sale in Melbourne. Browse through our business listing to find the most suitable option for you.

Currently, we have 68 retail businesses for sale and franchise opportunities in Melbourne. Apart from retail, there are multiple businesses in different categories including 374 Other Business, 198 Cafe And Coffee Shop, 112 Takeaway Shop, 103 Restaurants, 74 Service Business, 42 Food Related Businesses, 42 Franchise, 32 Building And Construction Business, 28 Hairdressing Business, 26 Beauty Business and many more.

Other popular locations in and around Melbourne Region are 82 business opportunity in Dandenong, 67 Business listings in Frankston, 65 in Berwick, 64 business opportunity in Richmond, 60 in St Kilda, 59 business listings for Camberwell, 59 for Docklands, 53 in South Melbourne, 52 business opportunity in Doncaster, etc.

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