Visit this listing at https://www.sbx.com.au/business?id=CB1397

Business Code: CB1397

Key Features: Long lease - Takings $100,000 p.w. - Strong local support- Under management

State: NSW

Location: Large frontage to busy main street in major business hub of South West Sydney City.

Description

Retail fruit and vegetable supermarket supplying a wide range of fresh fruit and vegetables to a very strong customer base - Large premises of 550 sq.mts. include an adjoining area of 120 sq.mts. previously utilised for grocery sales but now used as overflow storage. - This area is accessible from the current operations and also has separate main street frontage - Coolroom has capacity of 60 sq.mts. - 3 checkout counters, great shelving and display racks - Produce is delivered through rear loading area - Equipment includes forklift, pallet movers and cardboard compactor - Full security is provided by 24 CCTV cameras with remote monitoring from well equipped office.

Summary

  • Features: Very strong local support - Great position - Excellent product selection and choices - Long lease with very low rent - Potential to add complimentary other businesses. - Under management
  • Potential: Reintroduce grocery / deli - Vendor has fridges available to equip - Add home delivery - Consider wholesale supplies - Target social media.
  • Premises: Excellent frontage with premises extending to street at rear. - Large first floor area of 120 sq.mts. is available for accommodation and is included.
  • Trading Hours: 7 days - Mon. - Sat. - 6.00 a.m. - 8.00 p.m. - Sun. - 6.00 a.m. - 6.00 p.m.
  • Lease: 12 year lease commenced May 2016 + 5 + 5 year options - 3% C.P.I. Increases - Bond $48,000.
  • Employees: 1 Manager + 4 fulltimers + 6 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$100,000

Cost of Goods

$72,000

Gross Profit

$28,000

Rent

$3,400

Wages

$9,000

Telephone

$100

Insurance

$200

Electricity

$300

Misc1

$1,000

Misc2

$1,700

Total Expenses

$15,700

Estimated Stock (Additional)

$40,000

Equipment (Included)

$100,000

Net Profit

$12,300

Price

$900,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Fruit Market - Fruit & Vegetables - Retail -Under Management

Business Code: CB1397
Price: $900,000

Key Features: Long lease - Takings $100,000 p.w. - Strong local support- Under management

State: NSW

Location: Large frontage to busy main street in major business hub of South West Sydney City.

Description

Retail fruit and vegetable supermarket supplying a wide range of fresh fruit and vegetables to a very strong customer base - Large premises of 550 sq.mts. include an adjoining area of 120 sq.mts. previously utilised for grocery sales but now used as overflow storage. - This area is accessible from the current operations and also has separate main street frontage - Coolroom has capacity of 60 sq.mts. - 3 checkout counters, great shelving and display racks - Produce is delivered through rear loading area - Equipment includes forklift, pallet movers and cardboard compactor - Full security is provided by 24 CCTV cameras with remote monitoring from well equipped office.

Summary

  • Features: Very strong local support - Great position - Excellent product selection and choices - Long lease with very low rent - Potential to add complimentary other businesses. - Under management
  • Potential: Reintroduce grocery / deli - Vendor has fridges available to equip - Add home delivery - Consider wholesale supplies - Target social media.
  • Premises: Excellent frontage with premises extending to street at rear. - Large first floor area of 120 sq.mts. is available for accommodation and is included.
  • Trading Hours: 7 days - Mon. - Sat. - 6.00 a.m. - 8.00 p.m. - Sun. - 6.00 a.m. - 6.00 p.m.
  • Lease: 12 year lease commenced May 2016 + 5 + 5 year options - 3% C.P.I. Increases - Bond $48,000.
  • Employees: 1 Manager + 4 fulltimers + 6 parttimers
  • Sale Reason: Concentrate on other businesses.
  • Comments: Misc.- 1 - Packaging - Misc.- 2 - Transport ($1,200) Bank fees ($500)

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$100,000

Cost of Goods

$72,000

Gross Profit

$28,000

Rent (ex GST)

$3,400

Wages

$9,000

Telephone

$100

Insurance

$200

Electricity

$300

Misc1

$1,000

Misc2

$1,700

Total Expenses

$15,700

Estimated Stock (Additional)

$40,000

Equipment (Included)

$100,000

Net Profit

$12,300

Price

$900,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.