Summary
Located in a double shop front opposite the foodie precinct of the Prahran Market. Annual sales of $660,000+. Over 10 years of solid trading history, with a diverse product range of bulk foods.
Rent
$6,232 pm
Location Details
176-180 Commercial Rd, Prahran
Located in a double shop front in a bustling foodie shopping precinct opposite the Prahran Market.
About the Opportunity
This profitable business has stocked over 500 products including cooking ingredients, snacks, confectionery, spices, cleaning products and health foods for 10 years. It is part of a forward thinking and conscientious brand, that prides itself on being the market leader in sustainability and product quality. As cost-of-living pressures force people to make smarter waste-free purchasing decisions and cook more at home, this has ensured strong results and customer numbers.
Key Highlights
Market leader: This business benefits from a strong partnership with the leading franchise known for its zero-waste ethos, commitment to quality, sustainability, and ethical sourcing practices. This affiliation provides a competitive edge and access to a wide range of premium products, attracting health-conscious consumers and eco-conscious shoppers. A developed, smart business model ensures strong profitability due to generous margins and generally low overheads. Support is ongoing, across all aspects of the business from operations, POS, procurement and marketing.
Prime location and established presence: Situated opposite the Prahran Market for over 10 years, this business enjoys high foot traffic and visibility, ensuring maximum exposure. With an established presence in the food focused and conscientious community, it has become a go-to destination for those seeking high-quality food products and ingredients.
Large loyal customer base: Over 10,000 loyalty members database, with 5,000+ subscribed to monthly emails. Boasting well established social media accounts, often featured in celebrity chef cross promotions, along with a world class website and online ordering platform.
Supplier buying power: The business maintains strong relationships with reliable suppliers, ensuring a consistent supply of high-quality products. With a commitment to ethical sourcing practices, the business prioritises sustainability, fair trade, and environmentally friendly products, resonating with the values of its customer base.
Turn-key business: The business has streamlined systems and daily operation practices to ensure smooth operation. With a team of long-term staff, and extensive training and support provided to the new owner, this will ensure a smooth transition for business success.
Marketing support
To help drive sales, comprehensive national and local area marketing services are offered. As the largest health food franchise in Australia, The Source Bulk Foods enjoys a strong presence and a loyal customer base. The brand is recognised and loved across the country.
Training provided
Hands-on training and ongoing support is offered to ensure you feel confident running your store. Benefit from a personalised training plan covering all necessary skills. Ongoing training and post-opening support are provided to ensure your success.
Year Business Established
2014
Year Franchising Commenced
2012
Site locations
46
History
The Source Bulk Foods was started in 2012 from the belief that unpackaged food should be easier to access and that a smaller carbon footprint could be achieved every time you shop. The Source Bulk Foods believe in fostering positive connections with our customers and the surrounding community.
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