Sydney
NSW
$2,650,000
Continental Delicatessen - European GroceriesPrice: $395,000Net Profit: $5,000 |
Visit this listing at https://www.sbx.com.au/business?id=G1805 |
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Business Code: G1805 Key Features: Continental Delicatessen & European Groceries - Nets $5,000 p.w. -S.W. Sydney. State: NSW Suburb: Bankstown, 2200 Location: Situated in a prime location in a very busy shopping centre next to a major supermarket and fruit market in South West Sydney. DescriptionContinental Delicatessen & European Grocery Store located in a prime position of the food precinct in a very busy Western suburbs shopping centre. This Deli is a highly regarded food and hospitality establishment that has been operating since 2004 serving the local community offering a wonderful display & selection of smallgoods, meats, cheeses, olives & a huge selection of other gourmet deli lines. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$37,000Cost of Goods$18,000Gross Profit$19,000Rent$2,845Wages$5,000Outgoings$739Insurance$95Electricity$412Misc1$4,909Total Expenses$14,000Estimated Stock (Additional)$50,000Net Profit$5,000Price$395,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Continental Delicatessen - European Groceries
Business Code: G1805Price: $395,000
+ Estimated Stock (SAV) $50,000
Key Features: Continental Delicatessen & European Groceries - Nets $5,000 p.w. -S.W. Sydney.
State: NSW
Suburb: Bankstown, 2200
Location: Situated in a prime location in a very busy shopping centre next to a major supermarket and fruit market in South West Sydney.
Business Overview
Continental Delicatessen & European Grocery Store located in a prime position of the food precinct in a very busy Western suburbs shopping centre. This Deli is a highly regarded food and hospitality establishment that has been operating since 2004 serving the local community offering a wonderful display & selection of smallgoods, meats, cheeses, olives & a huge selection of other gourmet deli lines.
Summary
- Key Features: Well established delicatessen for over 20 years. - Beautifully fitted out with all the necessary equipment. - Unique offerings. - No direct competition. - Profitable business. - Prime location. - Solid reputation & loyal customer base
- Potential: Could add a gourmet selection of pre-made sandwiches or baguettes and also coffee to the current offering.
- Premises: This Deli has an area of approx. 103 sq mts and has had a full new fit-out in 2022 which cost approx. $500,000. Includes a kitchen, prep area, coolrooms & storage room.
- Trading Hours: 7 days - Monday to Saturday: 9:00 am to 5:30 pm & Sunday: 10:00 am to 4:00 pm.
- Lease: 5 year lease commenced September 2022 - 3 month bond. - 5% annual increases.
- Employees: 1 owner + 6 casual staff
- Sale Reason: Owner wants to retire
- Comments: The owner works in the business full-time, overseeing the admin side of the business, monitoring performance, making necessary adjustments, and overseeing operations including hiring and firing staff and maintaining inventory levels. This Deli has demonstrated consistent financial performance, reflecting its strong market position and operational efficiency. Please note that Misc.- 1- is made up of all other expenses & any GST payable.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$37,000
Cost of Goods
$18,000
Gross Profit
$19,000
Rent (ex GST)
$2,845
Wages
$5,000
Outgoings
$739
Insurance
$95
Electricity
$412
Misc1
$4,909
Total Expenses
$14,000
Estimated Stock (Additional)
$50,000
Net Profit
$5,000
Price
$395,000
+ Estimated Stock (SAV) $50,000
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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.