Visit this listing at https://www.sbx.com.au/business?id=M2110

Business Code: M2110

Key Features: Fruit market-Busy location in West area-Easy run-Net $4140 p.w.

State: NSW

Location: Prime location in shopping plaza in Western Sydney close to train station.

Description

Retail fruit market selling fresh fruit and vegetables only. - The turnover was $1,830,645 in year 2020. - It is a simple operation and good cash flow business and does not sell groceries - low stock.

Summary

  • Features: Busy location. - Well established. - Regular customers. - Low rent. - Good cash flow. - Easy operation. - Well priced.
  • Potential: Could add groceries. - Could do wholesale business to surrounding restaurants. - Suit family business. - A full time owner working in the business could save on wages and make more profit.
  • Premises: This shop has a total area of approx. 150 m2 includes one office plus one large outside cool room.
  • Trading Hours: 7 days - 8:30 a.m.- 6:30 p.m.
  • Lease: Current 3 years lease expires Sep 2021 - The shopping plaza tenants will move to a new shopping plaza location in estimated 3 years (about 200 mts. away on the same street).- The landlord will offer temporary month to month lease for shop tenants until the new shopping plaza finishes construction.
  • Employees: One owner ( buy goods at market, not working in the shop ) + 2 - 3 staff
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$32,000

Cost of Goods

$22,400

Gross Profit

$9,600

Rent

$1,323

Wages

$3,700

Telephone

$20

Insurance

$50

Electricity

$167

Gas

$200

Total Expenses

$5,460

Estimated Stock (Additional)

$15,000

Net Profit

$4,140

Price

$198,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Fruit Market - Retail

Business Code: M2110
Price: $198,000
+ Estimated SAV $15,000

Key Features: Fruit market-Busy location in West area-Easy run-Net $4140 p.w.

State: NSW

Location: Prime location in shopping plaza in Western Sydney close to train station.

Description

Retail fruit market selling fresh fruit and vegetables only. - The turnover was $1,830,645 in year 2020. - It is a simple operation and good cash flow business and does not sell groceries - low stock.

Summary

  • Features: Busy location. - Well established. - Regular customers. - Low rent. - Good cash flow. - Easy operation. - Well priced.
  • Potential: Could add groceries. - Could do wholesale business to surrounding restaurants. - Suit family business. - A full time owner working in the business could save on wages and make more profit.
  • Premises: This shop has a total area of approx. 150 m2 includes one office plus one large outside cool room.
  • Trading Hours: 7 days - 8:30 a.m.- 6:30 p.m.
  • Lease: Current 3 years lease expires Sep 2021 - The shopping plaza tenants will move to a new shopping plaza location in estimated 3 years (about 200 mts. away on the same street).- The landlord will offer temporary month to month lease for shop tenants until the new shopping plaza finishes construction.
  • Employees: One owner ( buy goods at market, not working in the shop ) + 2 - 3 staff
  • Sale Reason: Other large supermarket business involvement.
  • Comments: The rent includes outgoings - . Misc.- 1- Refers to rubbish and bank fee. - The old shopping plaza will be demolished after a new plaza is set up. - All shop tenants will be able to negotiate a new lease at the new premise with the same landlord if desired. - A great buy opportunity and a great potential to grow the business.

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

Weekly Summary

Figures exclude GST

Weekly Takings

$32,000

Cost of Goods

$22,400

Gross Profit

$9,600

Rent

$1,323

Wages

$3,700

Telephone

$20

Insurance

$50

Electricity

$167

Gas

$200

Total Expenses

$5,460

Estimated Stock (Additional)

$15,000

Net Profit

$4,140

Price

$198,000
+ Estimated SAV $15,000

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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.