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Vegan Grocery Retail and Online Store – Sydney

NSW
Supermarket
Australia’s most well known and loved vegan grocery store is up for sale. This business is an industry Icon and pioneer.
Asking Price: $280,000

About the opportunity

From its humble beginnings back in 2001, the business has grown and evolved into 2 significant retail outlets plus an online store to service regional customers.

This is a business founded on passion and activism that has been at the heart of the cruelty free movement for decades and continues to be an active participant, organizing festivals and promoting plant-based alternatives. They have an incredible following of close to 50,000 followers on both Facebook and Instagram.

The retail outlets are located at Glebe in Sydney and Fitzroy in Melbourne. The online warehouse is attached to the Sydney store. They are fully managed with dedicated & passionate staff.

With a worldwide push for a more sustainable future, the market for Vegan food and products continues to grow. Combined revenue for FY 2022 was just under $3.5 million and forecast for FY 2023 is just under $4 million.

The current owner and founder has decided it’s time for new inspired ownership. The business is looking for a new owner that is both passionate about the vegan lifestyle and can see the massive commercial opportunity evolving around vegan foods and products.

 

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